Amazon invests four billion dollars in OpenAI competitor Anthropic

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Update from March 27, 2024:

Amazon is investing an additional $2.75 billion in AI startup Anthropic, bringing its total investment to the $4 billion announced in the fall of 2023.

Amazon will take a minority stake in Anthropic, but will not have a seat on the company’s board. Under the terms of the agreement, Anthropic will use AWS as its primary cloud provider and will develop and deploy its future models on the AWS Trainium and Inferentia chipsets. Anthropic is valued at $18.4 billion after the investment.

A collaboration between AWS, Anthropic and Accenture is designed to help organizations responsibly deploy and scale customized generative AI solutions, particularly in highly regulated industries such as healthcare, public sector, banking, and insurance.

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via: AWS

Original article from September 25, 2023:

Amazon is buying itself and its customers’ priority access to Anthropic’s foundational models.

As Amazon announced in a press release, the online retailer and cloud provider plans to invest up to four billion US dollars in the AI startup Anthropic. Amazon has thus secured an important partner in the field of generative AI. Anthropic is best known for its chatbot Claude, which competes with OpenAI’s ChatGPT.

Anthropic moves to the AWS cloud

In return, Anthropic will move much of its software to the Amazon Web Services (AWS) cloud infrastructure. The startup’s future AI models will be trained using Amazon’s own Trainium and Inferentia chips.

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