Amazon investing up to €3.75bn in AI startup Anthropic

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"1">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>Amazon is investing up to &dollar;4 billion &lpar;€3&period;75 billion&rpar; in Anthropic and taking a minority stake in the artificial intelligence &lpar;AI&rpar; startup&comma; the two companies have said&period;<&sol;p>&NewLine;<p>The investment underscores how big tech companies are pouring money into AI as they race to capitalise on the opportunities the latest generation of the technology is set to fuel&period;<&sol;p>&NewLine;<p>Amazon and Anthropic said the deal is part of a broader collaboration to develop so-called foundation models&comma; which underpin the generative AI systems that have captured global attention&period;<&sol;p>&NewLine;<p>Foundation models&comma; also known as large language models&comma; are trained on vast pools of online information&comma; like blog posts&comma; digital books&comma; scientific articles and pop songs to generate text&comma; images and video that resemble human work&period;<&sol;p>&NewLine;<p>Under the agreement&comma; Anthropic is making Amazon its primary cloud computing service and using the online retail giant’s custom chips as part of work to train and deploy its generative AI systems&period;<&sol;p>&NewLine;<p>San Francisco-based Anthropic was founded by former staffers from OpenAI&comma; the maker of the ChatGPT AI chatbot which made a global splash with its ability to come up with answers mimicking human responses&period;<&sol;p>&NewLine;<p>Anthropic has released its own ChatGPT rival&comma; Claude&period;<&sol;p>&NewLine;<p>The latest version&comma; which is available in the US and UK&comma; is capable of &OpenCurlyDoubleQuote;sophisticated dialogue and creative content generation to complex reasoning and detailed instruction”&comma; the company said&period;<&sol;p>&NewLine;<p>Amazon is scrambling to catch up with rivals like Microsoft&comma; which invested a &dollar;1 billion in OpenAI in 2019&comma; followed by another multibillion-dollar investment at the start of year&period;<&sol;p>&NewLine;<p>Amazon has been rolling out new services to keep up with the AI arms race&comma; including an update for its popular assistant Alexa so users can have more human-like conversations and AI-generated summaries of product reviews for consumers&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68eca191825f2">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; window&period;tudeMappings &vert;&vert; &lbrack;&rsqb;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings&period;push&lpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;divId&colon; 'atatags-dynamic-belowpost-68eca191825f2'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;format&colon; 'belowpost'&comma;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; document&period;readyState &equals;&equals;&equals; 'loading' &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;document&period;addEventListener&lpar; 'DOMContentLoaded'&comma; window&period;getAdSnippetCallback &rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub; else &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback&lpar;&rpar;&semi;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&rcub;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<&sol;script>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>


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