Amazon to invest up to $4 billion in AI startup Anthropic and become minority shareholder

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Amazon is aiming to accelerate the development of its future foundation models and make them accessible to customers of its cloud business, AWS.

Amazon.com Inc. said Monday it will invest up to $4 billion in AI startup Anthropic and take a minority stake in the company in a move aimed at accelerating the development of its future foundation models and making them accessible to customers of its cloud business, AWS.

As part of a new partnership between the two companies, Anthropic will use AWS Trainium and Inferentia chips to build, train and deploy its future foundation models. Foundation models are AI models that are designed to produce a wide and general variety of outputs. They are capable of a range of possible tasks and applications, such as text, image or audio generation. The two companies will collaborate to develop future Trainium and Inferentia technology.

AWS will be Anthropic’s primary cloud provider and the startup will run most of its workloads on AWS. Anthropic will make a long-term commitment to provide AWS customers around the world access to future generations of its foundation models and grant them early access to unique features for customization.

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Source: News Formal (newsformal.com)

 

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