Amazon Solidifies $4 Billion Investment in AI Startup Anthropic, Launches Business Assistant 'Amazon Q'
Summary:
Internet services giant Amazon is advancing its $4 billion investment in AI startup Anthropic, securing a minority ownership stake after investing $2.75 billion. Anthropic has developed Claude, an AI chatbot that can also analyse images. Amazon Web Services (AWS) will be Anthropic's primary cloud provider for mission-critical tasks. The start-up will use AWS's Trainium and Inferentia chips for the construction, training, and deployment of future models. Amazon has simultaneously launched its AI assistant named “Amazon Q." Anthropic, also a target investment of Google, has been engaged in legal battles over copyright and data breaches.
Amazon, the internet services behemoth, has disclosed that it is making good on its $4 billion pledged investment in artificial intelligence (AI) start-up, Anthropic. The tech giant confirmed it now has a minor stake in Anthropic following an additional investment of $2.75 billion, as outlined in a post on March 27. Amazon initially invested $1.25 billion upon declaring its interest in Anthropic last September. The start-up, conceived in 2021 by former OpenAI staff, has produced a rival AI chatbot to ChatGPT, named Claude. An iteration of Claude, now its most potent version called Claude 3, which can also analyze images, was rolled out in early March.
Amazon unveiled that Anthropic will designate Amazon Web Services (AWS) as its primary cloud platform for vital tasks, encompassing safety research as well as the creation of foundation models for the future. Furthermore, Anthropic will harness AWS Trainium and Inferentia chips to construct, coach, and launch its impending models.
Dr. Swami Sivasubramanian, who is in charge of data and AI at AWS, championed the partnership as a move that will greatly enhance the user experience. He labeled generative AI as the most drastic technological innovation of our era.
Amazon has also brought to market its AI-powered business assistant dubbed "Amazon Q." The chatbot is reputed to converse, troubleshoot, generate content, and more. Amazon is not the only titan of antiitrust scaling Anthropic. Google pledged to invest $2 billion in Anthropic, beginning with a $500 million investment, which was announced last October.
In the midst of battling legal disputes over copyright and data violations, Anthropic hits the headlines just like all prominent AI chatbot developers. Earlier this year, the company resisted a lawsuit lodged by Universal Music Group (UMG), the global music corporation. The firm accused Anthropic of illegitimate usage and unauthorized replication and circulation of a wealth of copyrighted content from UMG during the training of its AI models.
Relevant to this lawsuit, Anthropic revised its business terms of service, asserting that client data was not employed during AI training. It also committed to shielding clients from copyright infringement allegations that emerge from legitimate utilization of Anthropic's services or products.
Published At
3/28/2024 10:41:35 AM
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