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Amazon Invested 4 Billion! An Artificial Intelligence Project! Amazon has fulfilled its $4 billion investment commitment to artificial intelligence (AI) initiative Anthropic and announced that it has obtained a minority stake in the company and identified Amazon Web Services (AWS) as the main cloud service provider. This move represents a significant step in Amazon’s strategic investments in the field of artificial intelligence.
By fulfilling its commitment, Amazon, in a post it published on March 27, followed Amazon’s initial investment of $1.25 billion in September with an additional investment of $2.75 billion. Anthropic, founded in 2021 by former members of OpenAI, attracts attention with its groundbreaking developments in the field of AI. These include its own AI chat bot Claude, a competitor such as ChatGPT.
In early March, Anthropic announced Claude 3, including image analysis capabilities, showing that the company continuously innovates. Amazon’s partnership with Anthropic is not only limited to financial support, but also involves Anthropic’s selection of AWS as the main cloud provider for critical tasks. In addition, it mentioned that Anthropic will use AWS Trainium and Inferentia chips to build, train and distribute its models, which is an indicator of Amazon’s commitment to promote AI advancements. Dr. Swami Sivasubramanian, data and AI vice president at AWS, welcomed the collaboration with optimism and described generative AI as the most transformative technology of today’s technology.
In addition to the investment made in Anthropic, Amazon introduced its own AI-powered assistant designed for businesses as “Amazon Q“. This versatile chat bot was designed to take on various tasks such as problem-solving, content creation and more, to respond to the changing needs of businesses in the digital age.
Amazon’s large investment in Anthropic is seen as part of a broader trend shown by Google’s investment of $500 million in the company and a commitment to increase this to $2 billion. However, amidst these advancements, like many AI developers, Anthropic is involved in legal disputes over copyright and data breach issues. With the AI landscape continuing to evolve, collaborations and investments like Amazon and Anthropic are likely to shape the future course of the field of artificial intelligence and drive innovations and challenge boundaries in various fields.