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Amazon invests $2.75 billion in sibling-founded startup #technology

Dario Amodei

Amazon.com Inc. has announced an additional $2.75 billion investment in AI startup Anthropic, bringing their total investment to $4 billion. This investment expands the partnership between the two companies, with Anthropic agreeing to use Amazon Web Services data centers and custom-built computer chips. Anthropic, founded by former OpenAI employees including CEO Dario Amodei, has also secured funding from Google and other tech giants. The company’s focus on developing AI safely and responsibly is evident in their chatbot named Claude, which recently received new software to improve its capabilities. Chatbots like Claude are powered by large language models trained on vast amounts of internet data to generate text, making them a valuable tool for various applications in the tech industry. Anthropic’s success in securing funding and partnerships with major tech companies highlights the growing interest and investment in AI technology and its applications.

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Source link: https://fortune.com/2024/03/27/amazon-siblings-openai/amp/

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