Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in this new technology arms race.
Amazon is spending billions more to back an artificial intelligence startup as it looks for an edge in the new technology arms race.
The tech giant said it will spend another $2.75 billion backing Anthropic, a San Francisco-based startup that's widely viewed as a frontrunner in generative artificial intelligence. Its foundation model and chatbot Claude competes with OpenAI and ChatGPT.in September, and said at the time that Amazon would invest up to $4 billion. Wednesday's news marks Amazon's second tranche of that funding.
Amazon's move is the latest in a spending blitz among cloud providers to stay ahead in the AI race. And it's the second update in a week to Anthropic's capital structure. Late Friday, bankruptcy filings showed crypto exchange FTX struck a deal with a group of buyers to sell the majority of its stake in
Anthropic's new model suite, announced earlier this month, marks the first time the company has offered"multimodality," or adding options like photo and video capabilities to generative AI.
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DHS testing out AI pilot programs for FEMA, ICE, and USCISThe department will spend $5 million on the programs, in partnership with OpenAI, Anthropic, and Meta.
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DHS testing out AI pilot programs for FEMA, ICE, and USCISThe department will spend $5 million on the programs, in partnership with OpenAI, Anthropic, and Meta.
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Claude 3: Anthropic unveils its most powerful ChatGPT-challenger chatbotDiscover Anthropic's latest line-up of AI models, Claude 3 Haiku, Sonnet, and Opus, backed by tech giants Google and Amazon.
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FTX to offload $1B Anthropic stake to pay off bankruptcy debts within weeks — reportAnthropic has reportedly found a slate of new investors for FTX's $1B stake.
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OpenAI rival Anthropic selling FTX stake, but Saudi buyers left out of consideration: reportValued at more than $1 billion, FTX's stake in Anthropic is for sale, but the company isn't considering Saudi Arabian investors.
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Bankers Are Lining Up Buyers for FTX’s 8% Stake in AI Startup Anthropic: ReportCheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings.
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