Amazon agrees to invest up to $4 billion in artificial intelligence (AI) startup Anthropic. Under the partnership, Amazon Web Services (AWS) will be the primary cloud platform for Anthropic’s workloads, which include foundation model development, and the startup is expected to run the majority of its workloads. work on AWS.
Anthropic has been a customer of the cloud provider since 2021 and made its basic Claude model available on AWS in April.
Anthropic will also use AWS’s Trainium and Inferentia chips to train and deploy its future foundation models and participate in the future development of chip technology.
Claude 2 can be used to perform complex reasoning and creative content production
Additionally, future iterations of the AI startup’s core models will be made available to global AWS customers through Amazon Bedrock, a managed service that provides access to AI models using an API.
AWS customers will gain early access to tools to customize and refine Anthropic’s AI models, including Claude, using their own data to create private AI models.
Amazon developers and engineers, through Bedrock, can also build Anthropic models to integrate generative AI capabilities into their work.
According to Anthropic, Claude 2 can be used to perform a range of tasks, including complex reasoning and creative content production. The company adds that the AI platform can process vast volumes of data, such as technical and industry documents, for use cases in finance, law and coding, among others.
Amazon intensifies its rivalry with other giants such as Microsoft, Google and Nvidia in the field of AI
Dario Amodei, co-founder and CEO of Anthropic, said Monday that Claude has seen “significant organic adoption” among AWS customers since the AI model was added to Amazon Bedrock. Expanding its collaboration will create new opportunities to boost deployment, Amodei said.
He noted that LexisNexis Legal & Professional currently uses a custom Claude 2 template to power its Lexis+ AI application, which facilitates conversational research, summarization and legal writing. Lonely Planet is also a client of Claude 2, which uses the AI model to provide travel recommendations.
Investing up to $4 billion, Amazon said it would take a minority stake in Anthropic, but gave no details on what exactly that entailed.
Nigel Green, managing director of financial consultancy deVere Group, commented on the announcement saying the move highlights the growing investor interest and technology investments in AI, with Amazon intensifying its rivalry with other giants such as Microsoft, Google and Nvidia in the field of AI.
“The race to AI is on, with major technology companies fighting to take the lead in the development, deployment and use of AI technologies,” Green said in a statement. “AI will reshape entire industries and fuel innovation. That’s why it’s crucial for investors to pay attention to it and why almost every investor needs exposure to AI investing. AI in their portfolios.”
Source: “ZDNet.com”