BUSINESS

Amazon to invest $4 billion in Anthropic

By Rishabh Raj

1

Amazon's $4B investment

Amazon plans to invest up to $4 billion in AI start-up Anthropic, initially investing $1.25 billion for a minority stake.

2

Anthropic's frontier model

Anthropic aims to develop a "frontier model" called "Claude-Next," backed by major tech companies and investors.

3

Utilizing AWS chips

The start-up will utilize Amazon's AWS Trainium and Inferentia chips for building, training, and deploying its foundation models.

4

AWS-driven collaboration

Amazon will use AWS as its primary cloud provider for mission-critical workloads in collaboration with Anthropic.

5

Enhanced customer experiences

The partnership will enhance customer experiences through AI and Amazon's new managed service, Amazon Bedrock.

6

Global AWS access

Anthropic commits to providing AWS customers worldwide access to future foundation models via Amazon Bedrock and early access to unique customization features.

For more Business news click on the link below