Anthropic's AI chat bot, Claude 2, is a competitor to Google's Bard and OpenAI's ChatGPT. Amazon's investment aligns with its new AI-focused priorities, as demonstrated by recent AI-powered improvements to its Alexa home devices. The partnership between Amazon and Anthropic is similar to other agreements between tech giants and smaller AI-focused companies, such as Microsoft's $10 billion investment in OpenAI. Anthropic was founded by ex-OpenAI executives and has received several successful funding rounds in the past two years, including a multimillion dollar investment from Google.
Key takeaways:
- Amazon is investing up to $4 billion in a partnership with AI startup Anthropic to aid the development of new generative AI models.
- The partnership will mainly focus on bolstering Anthropic's development of generative AI models using Amazon's cloud services and microchips.
- Anthropic's chat bot Claude 2, a competitor to Google's Bard and OpenAI's ChatGPT, uses a large language model to respond to questions, write documents and help with tasks like math and coding.
- Amazon's investment comes with a minority ownership position in Anthropic and aligns with the company's new AI-focused priorities, as demonstrated in recent updates and new products.