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Amazon doubles down on Anthropic, positioning itself as a key player in the AI arms race
VentureBeat· 2024-11-23 06:56
Join our daily and weekly newsletters for the latest updates and exclusive content on industry-leading AI coverage. Learn More The artificial intelligence arms race heated up Friday as Amazon announced an additional $4 billion investment in Anthropic, doubling its stake to $8 billion in a move that signals the cloud computing giant’s ambitious bid to compete with Microsoft and Google in the fast-evolving AI landscape.The deal, which maintains Amazon as a minority investor, establishes AWS as Anthropic’s pri ...
Amazon Invests Another $4B In AI Firm Anthropic
Deadline· 2024-11-23 04:18
Amazon said it will invest $8 billion in AI firm Anthropic, bringing its total investment in the company to $8 billion over just the past few months. The companies teamed up last September, with Amazon putting in $4 billion and Anthropic naming Amazon Web Services its primary cloud provider.’ The new agreement will see Anthropic name Amazon’s AWS as its primary training partner, in addition to continuing to be its primary cloud provider. The company will also use AWS Trainium and Inferentia chips to train ...
Amazon tries again, with another $4 billion, to get Anthropic to use its AI chips rather than Nvidia GPUs
Business Insider· 2024-11-23 03:09
Advertisement Amazon announced another $4 billion investment in AI startup Anthropic on Friday.The deal includes an agreement for Anthropic to use Amazon's AI chips more. The cloud giant is trying to challenge Nvidia and get developers to switch away from those GPUs.Amazon's Trainium chips are about to get a lot busier. At least that's what Amazon hopes will happen after it pumps another $4 billion into AI startup Anthropic. The two companies announced a huge new deal on Friday that brings Amazon's total i ...
Amazon Increases Total Investment in AI Startup Anthropic to $8 Billion
PYMNTS.com· 2024-11-23 01:51
Amazon and Anthropic announced an expanded partnership that includes Amazon investing another $4 billion in the artificial intelligence company and Anthropic making Amazon Web Services (AWS) its primary training partner.The new investment brings Amazon’s total investment in Anthropic to $8 billion, Anthropic said in a Friday (Nov. 22) press release.“By combining Anthropic’s expertise in frontier AI systems with AWS’s world-class infrastructure, we’re building a secure, enterprise-ready platform that gives o ...
Amazon boosts AI play with additional $4B investment in Anthropic
Proactiveinvestors NA· 2024-11-23 00:16
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Amazon to invest an additional $4 billion in AI startup Anthropic
Techxplore· 2024-11-23 00:04
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Dario Amodei, CEO & Co-Founder of Anthropic, speaks on a panel at the convening of the International Network of AI Safety Institutes at the Golden Gate Club at the Presidio in San Francisco, Wednesday, Nov. 20, 2024. Credit: AP Photo/Jeff Chiu Amazon is investing an additional $4 billion in the artificial intelligence startup An ...
Buy These 4 Retail Stocks With Growth Potential Ahead of Holiday Season
ZACKS· 2024-11-22 22:55
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Amazon to invest another $4 billion in Anthropic, OpenAI's biggest rival
CNBC· 2024-11-22 22:14
Amazon on Friday announced it would invest an additional $4 billion in Anthropic, the artificial intelligence startup founded by ex-OpenAI research executives. The new funding brings the tech giant's total investment to $8 billion, though Amazon will retain its position as a minority investor, according to Anthropic, the San Francisco-based company behind the Claude chatbot and AI model. Amazon Web Services will also become Anthropic's "primary cloud and training partner," according to a blog post. From now ...
Bezos dismisses Musk's claim he predicted a Trump election loss
Proactiveinvestors NA· 2024-11-22 22:09
About this content About Emily Jarvie Emily began her career as a political journalist for Australian Community Media in Hobart, Tasmania. After she relocated to Toronto, Canada, she reported on business, legal, and scientific developments in the emerging psychedelics sector before joining Proactive in 2022. She brings a strong journalism background with her work featured in newspapers, magazines, and digital publications across Australia, Europe, and North America, including The Examiner, The Advocate, ...
Is ESPN Undisruptable?
The Motley Fool· 2024-11-22 21:37
The future is growing brighter, and more efficient, for one entertainment giant.In this podcast, Motley Fool analyst Jason Moser and host Ricky Mulvey discuss:Highlights from Disney's quarter.The future of ESPN.Amazon's new discount shopping venture, Haul.Then, Motley Fool analyst Yasser El-Shimy joins Ricky for a look at Rocket Lab, why investors are getting "euphoric" about the company, and risks to watch.Go to breakfast.fool.com to sign up to wake up to the latest market news, company insights, and a bit ...