Anthropic mentioned Friday that Amazon, a longtime backer of the corporate, had invested a further $4 billion in the artificial intelligence startup, doubling its funding in the agency identified for its chatbot GenAI Claude.
In accordance with Xira knowledge, 82 % of corporations are investing or seeking to make investments in AI this yr. At present, 37 % of corporations are already investing in AI, 32 % are planning to speculate, and 17 % need to make investments.
Amazon to proceed investing in AI
Amazon will preserve its place as a minority investor and will likely be Anthropic’s main coaching associate for AI fashions, the startup mentioned.
It’s price mentioning that Amazon, which is Anthropic’s main cloud associate, is fiercely competing with Microsoft and Alphabet’s Google to supply AI-powered instruments for its cloud clients.
The e-commerce firm’s largest funding in Anthropic underscores the billions of {dollars} funneled into AI startups over the previous yr as traders look to capitalize on the increase in generative AI know-how, made fashionable by OpenAI’s launch of ChatGPT in late 2022.
Microsoft-backed OpenAI final month raised $6.6 billion from traders, probably valuing the corporate at $157 billion and cementing its place as one of many world’s most precious non-public corporations.
Anthropic plans to coach and deploy its base fashions on Amazon’s Trainium and Inferentia chips. The intensive course of of coaching AI fashions requires highly effective processors, making acquiring costly AI chips a high precedence for startups.
Nvidia at present dominates the AI processor market and counts Amazon amongst its lengthy checklist of so-called hyperscaler clients.
Nonetheless, Amazon has been working to develop its personal chips by way of its Annapurna Labs division, which Anthropic mentioned it was “working carefully” with to assist develop processors.
Britain’s competitors regulator had mentioned in September that Amazon’s partnership with Anthropic wouldn’t be referred for additional investigation because it was not below its jurisdiction.
Anthropic, co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, mentioned final yr it had additionally secured a $500 million funding from Alphabet, which promised to speculate one other $1.5 billion over time.
The startup additionally makes use of Alphabet’s Google Cloud companies as a part of its operations.
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