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Anthropic
Global investment

Startup Anthropic will receive investment from Amazon Corporation

11.02.2024
2 min read

Anthropic uses AWS semiconductors

IT giant Amazon will invest around USD 4 billion in the development of Anthropic, a startup in direct competition with OpenAI. Under the terms of the investment, the company will take a minority stake in the AI developer.
The deal with Anthropic demonstrates Amazon’s determination to strengthen its position in the artificial intelligence sector. The company needs to remain one of the market leaders in the face of stiff competition from giants such as Microsoft and Google. The latter have already released their AI solutions.
Generative artificial intelligence became popular after the release of one of OpenAI’s products – the ChatGPT chatbot. Its proliferation opened up new opportunities for both developers and users of AI. As a result, many leading tech companies accelerated the creation of their own models, while others increased their investments in the field. Among the latter was Amazon, which partnered with the startup Anthropic and its AI product Claude.
The parties announced a strategic collaboration that will see the AWS cloud service become a key service provider for the developer. As part of the partnership, customers of Amazon’s cloud platform will be the first to use the capabilities of Anthropic’s AI solution. They will be able to customise the bot’s operation to suit their business needs. In addition, the startup uses chips AWS developed to enhance Claude. As artificial intelligence can process huge amounts of data, it can also handle many complex tasks. It can also be adapted for use in a wide range of fields.
They say the deal shows that alternative types of chips can train models.startup Anthropic

Anthropic business overview

Anthropic is an American company founded in 2021 by former employees of Amodei’s brother and sister startup, OpenAI. In the latter, Dario Amodei held the post of vice president but left in 2019 due to disagreements with the management’s position on further business development. One of the reasons for his departure was the start of a collaboration between OpenAI and Microsoft.
Anthropic’s business areas:
– development of various AI systems;
– creation and training of language models;
– developing the Claude chatbot.
As regulators require, Anthropic is building its operations to comply with rules for the responsible use of AI.
In addition to Amazon, the startup has been working with Google since 2022, which has invested around USD 4 million in AI development.
The Claude bot was initially available as an additional feature in the Slack messenger. After extensive testing, Claude’s official website and the Poe app, developed by Quora, are now available for anyone to use.

Tags: Global investment
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