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Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival

Nov 22, 2024 - cnbc.com
Amazon announced it will invest an additional $4 billion in Anthropic, a San Francisco-based AI startup, bringing its total investment to $8 billion. The investment will make Amazon Web Services (AWS) Anthropic's primary cloud and training partner, with the AI firm using AWS Trainium and Inferentia chips to train and deploy its AI models. Anthropic, known for its Claude chatbot and AI model, will also offer AWS customers early access to fine-tuning their data on Claude.

The news follows Anthropic's announcement last month of a significant milestone: AI agents that can complete complex tasks on a computer like a human. Early access to this tool was given to Amazon, and beta testers included Asana, Canva, and Notion. The partnership and investment are part of a broader trend of tech giants and startups racing to dominate the generative AI market, predicted to exceed $1 trillion in revenue within a decade.

Key takeaways:

  • Amazon has announced an additional $4 billion investment in artificial intelligence startup Anthropic, bringing its total investment to $8 billion.
  • Anthropic, founded by ex-OpenAI research executives, is the company behind the popular Claude chatbot and AI model. Amazon Web Services will become Anthropic's primary cloud and training partner.
  • Anthropic recently achieved a significant milestone with the development of AI agents that can use a computer to complete complex tasks like a human. Amazon had early access to this tool.
  • Last year, Google committed to invest $2 billion in Anthropic, after previously confirming it had taken a 10% stake in the startup alongside a large cloud contract between the two companies.
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