Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival!
Amazon announced Friday that it will invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by former OpenAI research executives. The new funding brings the tech giant's total investment to $8 billion, although Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company behind the Claude chatbot and AI model.
Amazon Web Services will also become Anthropic's "primary cloud and training partner," according to a blog post. From now on, Anthropic will use AWS Trainium and Inferentia chips to train and deploy larger AI models.
Anthropic is the company behind Claude, one of the chatbots that, like OpenAI's ChatGPT and Google's Gemini, has exploded in popularity. Startups like Anthropic and OpenAI, along with tech giants like Google, Amazon, Microsoft and Meta, are all part of a generational AI arms race to ensure they don't get left behind in a market predicted to reach $1 trillion in revenue within a decade.
Some, like Microsoft and Amazon, are backing generative AI startups with large investments as well as working on generative AI in-house. The partnership announced Friday will also allow AWS customers "early access" to an Anthropic feature: the ability for an AWS customer to fine-tune their data in Anthropic's Claude. It's a unique benefit for AWS customers, according to a company blog post.
In March, Amazon's $2.75 billion investment in Anthropic was the company's largest outside investment in its three-decade history. The companies announced an initial investment of $1.25 billion in September 2023. Amazon does not have a seat on Anthropic's board. The news of Amazon's additional investment comes a month after Anthropic announced a major milestone for the company: AI agents that can use a computer to perform complex tasks like a human.
Anthropic's new computer-handling capability, part of two newer artificial intelligence models, allows its technology to interpret what's on a computer screen, select buttons, enter text, navigate web pages and execute tasks through any software and browse the Internet in real time.
The tool can "use computers basically the same way we do," said Jared Kaplan, Anthropic's chief science officer, adding that it can perform tasks in "dozens or even hundreds of steps." Amazon had early access to the tool, Anthropic told CNBC at the time, and early customers and beta testers included Asana, Canva and Notion. The company had been working on the tool since earlier this year, according to Kaplan.
In September, Anthropic introduced Claude Enterprise, its biggest new product since the chatbot's debut, designed for businesses looking to integrate Anthropic's AI. In June, the company debuted its most powerful AI model, the Claude 3.5 Sonnet, and in May, it introduced its Team plan for smaller businesses.
Last year, Google pledged to invest $2 billion in Anthropic, after previously confirming it had taken a 10% stake in the startup along with a major cloud contract between the two companies.
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