///
1 min read

Amazon is planning to make an investment of around $4 billion in Anthropic, a competitor to OpenAI, the developer behind ChatGPT

Amazon is planning to invest approximately $4 billion in the artificial intelligence company Anthropic and acquire a minority stake in the company.

This investment highlights Amazon’s commitment to advancing artificial intelligence and staying competitive with industry rivals like Microsoft and Google.

Anthropic, founded by former OpenAI research executives, recently introduced its AI chatbot called Claude 2.

The collaboration between Amazon and Anthropic aims to advance generative AI, with Anthropic choosing Amazon Web Services (AWS) as its primary cloud provider.

AWS customers will gain early access to unique features for model customization and fine-tuning capabilities.

Additionally, Anthropic will utilize custom AWS-designed semiconductors for training foundational AI models.

Amazon is positioning itself as a comprehensive AI solution provider, offering its own AI chips and applications alongside cloud-based AI services.

Anthropic already enjoys support from notable backers like Google and Salesforce Ventures, signaling the tech industry’s significant investments in AI companies.

Leave a Reply