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AI Race: Amazon to Invest $4 Billion into OpenAI Rival Anthropic

Sep 25, 2023 - techtimes.com
Amazon is investing up to $4 billion in AI startup Anthropic, known for its AI platforms Claude and Claude 2, which are large language model-based chatbots. The investment will give Amazon a minority stake in Anthropic and will see the startup's technology integrated into various aspects of Amazon's business operations, including its AI application-building service, Amazon Bedrock.

The deal also includes Anthropic's commitment to making Amazon Web Services (AWS) its primary cloud provider. The investment, which could potentially be the largest ever associated with AWS, comes as Amazon seeks to compete with Microsoft and Google in the AI sector. Despite Amazon's involvement, Anthropic will continue its partnership with Google, with its technology remaining available via Google Cloud.

Key takeaways:

  • Amazon is investing up to $4 billion in AI startup Anthropic, known for its AI chatbots Claude and Claude 2, which compete with AI models like OpenAI's ChatGPT and Google's Bard.
  • As part of the deal, Amazon will secure a minority stake in Anthropic and will integrate the startup's technology into various aspects of its business operations, including its AI application-building service, Amazon Bedrock.
  • Amazon's investment could potentially be the largest ever associated with Amazon Web Services (AWS), which will become Anthropic's primary cloud provider.
  • Despite Amazon's investment, Anthropic will continue its partnership with Google, which also holds a stake in the startup, and its technology will continue to be available via Google Cloud.
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