Amazon agreed to invest another $4 billion in AI startup Anthropic, A ChatGPT rival with his AI assistant Claude.
It was only last fall that Amazon agreed to invest up to 4 billion dollars in Anthropic, a deal that gave the Seattle-based e-commerce and cloud titan a minority stake in the startup. The immediate investment was $1.25 billion, with the remaining $2.75 billion expected earlier this year.
This agreement included the name Anthropic Amazon Web Services its main cloud provider, as well as using AWS Trainium and Inferentia chips to build, train and deploy its models.
This new investment means that Amazon will have invested $8 billion in Anthropic, retaining its minority stake in the startup, according to Anthropic. blog.
“Together with AWS, we are laying the technological foundations (from silicon to software) that will power the next generation of AI research and development,” the blog reads. “By combining Anthropic’s expertise in cutting-edge AI systems with AWS’s world-class infrastructure, we are building a secure, enterprise-ready platform that enables organizations of all sizes to access at the forefront of AI technology.
Lots of money
Of course, Amazon is far from the only big tech company betting big on AI startups.
Microsoft makes a huge An investment of 10 billion dollars In OpenAI in January 2023. Since then, companies such as Nvidia, Sales force 1 And Google placed several bets.
Google is also an investor in Anthropic.
The big financial deal with Amazon is actually only the second biggest AI deal this week.
Elon Muskthe generative AI startup of xAI raised $5 billion in a funding round valuing it at $50 billion, reported The Wall Street Journal. The new cycle includes investments from Qatar Investment Authority, Valor Equity Partners, Andreessen Horowitz And Sequoia Capital.
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Illustration: Dom Guzman
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