March 27, 2024
Amazon Pours $4 Billion into Anthropic AI Startup
AI

Amazon Pours $4 Billion into Anthropic AI Startup

Amazon and AI startup Anthropic have entered into a new investment agreement aimed at advancing the research and development of high-performing foundation models. According to Anthropic’s announcement on X, Amazon will inject $4 billion into their efforts and grant access to Amazon Web Services Trainium and Inferentia chips.

In return, Anthropic commits to providing “enhanced support” for Amazon Bedrock, which generates foundation models, by offering “secure model customization and fine-tuning” for businesses. Amazon teams will also have the opportunity to utilize Bedrock to build upon Anthropic’s models. Furthermore, as part of this agreement, Amazon is said to be acquiring a “minority stake” in Anthropic, though this is stated not to disrupt the company’s governance.

“As outlined in this policy, we will conduct pre-deployment tests of new models to help us manage the risks of increasingly capable AI systems.”

Notably, Anthropic was founded by former members of Microsoft-backed OpenAI, the creator of the widely recognized AI chatbot ChatGPT. This development follows Anthropic’s previous announcement of a $100 million investment from South Korean telecommunications giant SK Telecom back in August.

This investment came as part of a collaboration between Anthropic and SK Telecom to develop a multilingual large language model (LLM) for SK Telecom’s Telco AI Platform.

Anthropic has actively participated in significant initiatives within the AI community, including its involvement alongside Google, OpenAI, Microsoft, and others in the formation of the “Frontier Model Forum.” This forum was established to promote self-regulation in AI development from within the industry.

Additionally, Anthropic has engaged in initiatives led by the United States government related to AI development and regulation, including participating in a cybersecurity challenge aimed at bolstering “critical infrastructure.”

Image by Freepik

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