Amazon to invest $4 bn in AI startup space
Anthropic will use Amazon Web Services (AWS) Trainium and Inferentia chips to build, train, and deploy its future foundation models
New Delhi: Amazon on Monday said it will invest up to $4 billion in artificial intelligence (AI) startup Anthropic with a minority ownership position in the company, as competition grows in the growing generative AI market ruled by OpenAI’s ChatGPT.
Anthropic will use Amazon Web Services (AWS) Trainium and Inferentia chips to build, train, and deploy its future foundation models, benefitting from the price, performance, scale, and security of AWS.
The two companies will also collaborate in the development of future Trainium and Inferentia technology.
“Customers are quite excited about Amazon Bedrock, AWS’s new managed service that enables companies to use various foundation models to build generative AI applications on top of, as well as AWS Trainium, AWS’s AI training chip, and our collaboration with Anthropic should help customers get even more value from these two capabilities,” said Andy Jassy, Amazon CEO.
AWS will become Anthropic’s primary cloud provider for mission critical workloads, including safety research and future foundation model development.
Anthropic plans to run the majority of its workloads on AWS, further providing Anthropic with the advanced technology of the world’s leading cloud provider.
Amazon developers and engineers will be able to build with Anthropic models via Amazon Bedrock.
