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<p>Amazon yesterday announced a strategic move in the highly competitive field of artificial intelligence (AI), with plans to invest up to $4 billion in the high-profile startup, Anthropic. This significant cash infusion is aimed at enhancing Amazon’s position in the AI race, putting it in closer competition with cloud computing rivals such as Microsoft, Google, and OpenAI.</p> 
<p>As part of this landmark deal, Amazon employees and cloud customers will gain early access to Anthropic’s cutting-edge technology. This collaboration will empower Amazon customers to integrate Anthropic’s AI solutions into their businesses, creating opportunities for innovation and efficiency.</p> 
<p>Adam Selipsky, Amazon Web Services’s CEO, said the investment “will help make Anthropic’s models better, will help make our chip technology and our AI infrastructure better.”</p> 
<p>Anthropic, based in San Francisco, has also committed to relying primarily on Amazon’s cloud services, including training its future AI models on proprietary chips purchased from the e-commerce company. In an initial investment, Amazon will provide $1.25 billion, with the possibility of another $2.75 billion in funding, subject to mutual agreement.</p> 
<p>Dario Amodei, Anthropic’s CEO, said his company “has obtained the money in a way that allows it to prioritize safety” and “allows us to continue to scale up our models.”</p> 
<p>Notably, Amazon’s stake in Anthropic will remain a minority position. The company will also not gain a board seat, highlighting the strategic partnership nature of this collaboration.</p> 
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<p>Read also: <a href="https://technext24.com/2023/09/25/open-ai-voice-conversation-chatgpt/" rel="noopener noreferrer nofollow">Open AI now enables users to have voice conversations with ChatGPT</a></p> 
<h4 id="why-anthropic">Why Anthropic?</h4> 
<p>Anthropic, founded by former OpenAI executives including Amodei, is one of a series of companies building so-called generative AI; systems that can draft content as if a human created it. Anthropic has aimed to distinguish its work by training AI to adhere to&nbsp;<a href="https://www.reuters.com/technology/alphabet-backed-anthropic-outlines-moral-values-behind-its-ai-bot-2023-05-09/" target="_blank" rel="noopener noreferrer nofollow">moral values</a>.</p> 
<p>Amazon’s customers will gain features from Anthropic early. These features will include the ability to customize their AI. Selipsky said, “Both companies are committing that, for many years to come, future versions of Claude will be available on Amazon Bedrock, and that’s important.”</p> 
<p>Anthropic’s Claude 2 is an AI model that is able to respond to particularly large prompts, setting it up to analyze long business or legal documents. According to Amodei, the deal “allows us to work more closely to drive enterprise usage for Claude,” which he said represented much of the demand on Bedrock so far.</p> 
<p>Amazon is looking to capitalize on the hype and promise of so-called generative AI, which includes technology like OpenAI’s ChatGPT, as well as Anthropic’s Claude chatbots.</p> 
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<h4 id="catching-up-with-competitors">Catching up with competitors</h4> 
<p>This investment marks a significant step for Amazon in response to growing competition from tech giants like Microsoft and Google, both of which have made substantial strides in AI development. Microsoft’s partnership with OpenAI and Google’s pioneering efforts in AI with Bard underscore the urgency of Amazon’s response.</p> 
<p>Since 2019, Microsoft has invested billions in its collaboration with OpenAI, granting its customers unique access to state-of-the-art AI technology. Google, on the other hand, has been a frontrunner in AI development and has previously invested in Anthropic. This move solidified their commitment to the AI startup and ensured their continued involvement.</p> 
<p>The company’s investment in Anthropic is expected to drive increased demand for AI technology, including the chips used to power AI applications. Anthropic has also agreed to work on developing technology for Amazon’s Trainium and Inferentia chips.</p> 
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<p>Read also: <a href="https://technext24.com/2023/09/26/what-happens-you-dont-shut-down-your-pc/" rel="noopener noreferrer nofollow">What really happens if you don’t shut down your PC? Separating facts from myth</a></p> 
<h4 id="amazons-late-entry-into-generative-ai">Amazon’s Late Entry into Generative AI</h4> 
<p>Amazon’s substantial investment in Anthropic signals its recognition of the critical role AI plays in today’s tech landscape. However, it’s important to acknowledge that Amazon is entering the generative AI space relatively late compared to industry leaders like OpenAI, Google, and Microsoft.</p> 
<p>These competitors have already established themselves as major players in AI, with extensive resources and groundbreaking technologies at their disposal. OpenAI, for instance, has introduced models like GPT-4 and ChatGPT, which have rapidly gained popularity and are transforming the way people interact with AI-driven applications.</p> 
<p>Amazon’s move to catch up in this field is bold, and it reflects the company’s determination to remain competitive. However, it faces the challenge of overcoming the head start enjoyed by its rivals. AI is a rapidly evolving domain, and those who lead in research and development have a distinct advantage.</p> 
<p>Amazon’s investment in Anthropic is undoubtedly a step in the right direction. The startup’s focus on ethical AI aligns with Amazon’s commitment to safety and responsible AI development. This partnership could lead to advancements in AI technologies, benefiting both companies and their customers.</p> 
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<h4 id="the-road-ahead">The Road Ahead</h4> 
<p>As Amazon deepens its involvement in the AI landscape, it will need to leverage its vast resources and expertise to bridge the gap with competitors. The success of this partnership with Anthropic will depend on the ability to create innovative AI models that can rival or even surpass those of established players.</p> 
<p>Amazon’s customers will eagerly anticipate the benefits of this collaboration, including early access to AI features and customization options. It’s a positive development for the tech industry as a whole, as increased competition often leads to accelerated innovation.</p> 
<p>TechCrunch reported exclusively earlier this year that Anthropic, which also counts Google as an investor,&nbsp;<a href="https://techcrunch.com/2023/04/06/anthropics-5b-4-year-plan-to-take-on-openai/" target="_blank" rel="noopener noreferrer nofollow">plans to raise as much as $5 billion</a>&nbsp;over the next two years. Anthropic, which earlier this month launched its first&nbsp;<a href="https://techcrunch.com/2023/09/07/anthropic-launches-a-paid-plan-for-its-ai-powered-chatbot/" target="_blank" rel="noopener noreferrer nofollow">consumer-facing premium subscription plan</a>&nbsp;for chatbot Claude 2, plans to build a “frontier model” — tentatively called “Claude-Next” — that is 10 times more capable than today’s most powerful AI, according to a 2023 investor deck</p>

$4bn investment in Anthropic: Amazon playing catch up with Microsoft & Google in AI race

Technext.ng

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