{"id":22869,"date":"2023-09-25T14:06:56","date_gmt":"2023-09-25T14:06:56","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/amazon-invests-4b-in-anthropic-ai-startup\/"},"modified":"2023-09-25T14:06:58","modified_gmt":"2023-09-25T14:06:58","slug":"amazon-invests-4b-in-anthropic-ai-startup","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/amazon-invests-4b-in-anthropic-ai-startup\/","title":{"rendered":"Amazon invests $4B in Anthropic AI startup"},"content":{"rendered":"
<\/p>\n
Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models.\u00a0<\/p>\n
In a post on X (formerly Twitter), Anthropic revealed that Amazon will invest $4 billion in its work and give it access to Amazon Web Services Trainium and Inferentia chips. <\/p>\n
Anthropic said it will, in return, offer \u201cenhanced support\u201d of Amazon Bedrock, which produces foundation models, with \u201csecure model customization and fine-tuning\u201d for businesses. Amazon teams will also be able to use Bedrock to build on Anthropic\u2019s models. <\/p>\n
\nOur agreement provides Anthropic with access to @awscloud<\/a> Trainium and Inferentia chips. We\u2019ll also offer enhanced support of Amazon Bedrock with secure model customization and fine-tuning for businesses.<\/p>\n
\u2014 Anthropic (@AnthropicAI) September 25, 2023<\/a><\/p><\/blockquote>\n
Additionally, through the deal, Amazon is reportedly taking a \u201cminority stake\u201d in Anthropic. The latter said this has not disrupted its governance.\u00a0<\/p>\n
\u201cAs outlined in this policy, we will conduct pre-deployment tests of new models to help us manage the risks of increasingly capable AI systems.\u201d<\/p><\/blockquote>\n
The AI startup was formed by former members of Microsoft-backed OpenAI, the creator of the viral AI chatbot ChatGPT.<\/p>\n
Related: <\/em><\/strong>Anthropic cracks open the black box to see how AI comes up with the stuff it says<\/em><\/strong><\/p>\n
This latest development comes shortly after Anthropic announced an investment of $100 million from the South Korean telecommunications giant SK Telecom back in August.\u00a0<\/p>\n
That investment followed a collaboration between Anthropic and SK Telecom to develop a multilingual large language model (LLM) for the latter\u2019s Telco AI Platform.<\/p>\n
Anthropic has been a part of major movements within the AI community. In July, it joined Google, OpenAI, Microsoft and others in forming the \u201cFrontier Model Forum,\u201d which was created to self-regulate AI development from the inside. <\/p>\n
It has also been a part of initiatives led by the United States government relating to AI development and regulation, including\u00a0a cybersecurity challenge to help strengthen its \u201ccritical infrastructure.\u201d <\/p>\n
Magazine: \u2018<\/em><\/strong>AI has killed the industry\u2019: EasyTranslate boss on adapting to change<\/em><\/strong><\/p>\n<\/div>\n