This Monday, Amazon declared its plans to invest up to $4 billion in artificial intelligence (AI) start-up Anthropic.
Amazon Investing In AI Startup
With this move, the ecommerce giant seeks to compete with rivals such as Microsoft, Meta, Google, and NVIDIA in the rapidly growing AI sector.
To start with, the e-commerce behemoth will invest $1.25 billion for a minority stake in Anthropic, with an option to increase its investment to a total of $4 billion.
Anthropic’s ambitious “Claude-Next” AI model
When it comes to Anthropic, it is backed by Salesforce, Sound Ventures, Spark Capital, Menlo Ventures, Zoom, as well as Google in its plans to create a “frontier model” called “Claude-Next.”
This latest initiative is claimed to be 10 times more capable than today’s most powerful AI.
Strengthening AI With AWS Collaboration
With the help of this Amazon’s investment, the start-up will gain access to AWS Trainium and Inferential chips to build, train, and deploy its future foundation models.
Under this collaboration with Anthropic, Amazon will use AWS as its primary cloud provider for mission-critical workloads, including safety research and future foundation model development.
Basically, this partnership is aimed to enhance customer experiences through AI, with Amazon’s new managed service, Amazon Bedrock.
This service will be utilized in enabling companies to build generative AI applications on top of various foundation models.
As part of this deal, Anthropic has made a long-term commitment to provide AWS customers worldwide with access to future generations of its foundation models via Amazon Bedrock, AWS’s fully managed service that offers secure access to top foundation models.
Besides this, the start-up will also grant AWS customers early access to unique features for model customization and fine-tuning capabilities.
In addition to this, this collaboration will also help organizations globally deliver safe AI cloud technologies.
