Amazon invests another $2.75B in Anthropic — reportedly ‘largest’ in company history

by | Mar 27, 2024 | Technology

Join us in Atlanta on April 10th and explore the landscape of security workforce. We will explore the vision, benefits, and use cases of AI for security teams. Request an invite here.

We previously reported on the news of e-commerce and cloud computing giant Amazon’s plan to invest $4 billion in OpenAI rival Anthropic.

Today, Amazon announced it has finalized that investment at the full planned amount, putting in another $2.75 billion atop the $1.25 billion it originally committed last year. According to CNBC, it is Amazon’s “largest venture investment yet.”

“We have a notable history with Anthropic, together helping organizations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organizations,” said Dr. Swami Sivasubramanian, vice president of Data and AI at Amazon Web Services (AWS), the company’s lucrative cloud division and world’s largest provider of cloud services by revenue and customer base, in a prepared statement published on Amazon’s company blog.

Sivasubramanian continued:

VB Event
The AI Impact Tour – Atlanta

Continuing our tour, we’re headed to Atlanta for the AI Impact Tour stop on April 10th. This exclusive, invite-only event, in partnership with Microsoft, will feature discussions on how generative AI is transforming the security workforce. Space is limited, so request an invite today.

Request an invite

“Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI. Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next.”

Anthropic Claude 3 takes the LLM crown

Anthropic has been on a tear lately, releasing its powerful, new Claude 3 family of large language models (LLMs) that have recently taken the crown from rival OpenAI (where the Anthropic brother-and-sister founding duo Dario and Daniela Amodei and their five other co-founders previously worked — that’s gotta sting!) as most powerful in the world.

There are three different versions each of Claude 3, costing more and offering more capabilities than the other, though the cheapest and smallest/least powerful, Haiku, has earned praise from users for underpricing and outperforming the competition — namely, OpenAI’s GPT-3.5 Turbo model, and even OpenAI’s larger and more powerful GPT-4, on some metrics.

Haiku is honestly the biggest piece of news here – it’s the “cheap and fast model”, analogous to GPT-3.5, except it’s actually as good as earlier model 4. That’s absolutely nuts. https://t.co/c1KLnGTUKo— Shannon Sands (@max_paperclips) March 26, 2024

…and the cash

Following the release of Claude 3 in early March 2024, Amazon quickly added some of the versions of Claude 3 to its Bedrock service on AWS, which allows AWS cloud c …

Article Attribution | Read More at Article Source

[mwai_chat context=”Let’s have a discussion about this article:nn
Join us in Atlanta on April 10th and explore the landscape of security workforce. We will explore the vision, benefits, and use cases of AI for security teams. Request an invite here.

We previously reported on the news of e-commerce and cloud computing giant Amazon’s plan to invest $4 billion in OpenAI rival Anthropic.

Today, Amazon announced it has finalized that investment at the full planned amount, putting in another $2.75 billion atop the $1.25 billion it originally committed last year. According to CNBC, it is Amazon’s “largest venture investment yet.”

“We have a notable history with Anthropic, together helping organizations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organizations,” said Dr. Swami Sivasubramanian, vice president of Data and AI at Amazon Web Services (AWS), the company’s lucrative cloud division and world’s largest provider of cloud services by revenue and customer base, in a prepared statement published on Amazon’s company blog.

Sivasubramanian continued:

VB Event
The AI Impact Tour – Atlanta

Continuing our tour, we’re headed to Atlanta for the AI Impact Tour stop on April 10th. This exclusive, invite-only event, in partnership with Microsoft, will feature discussions on how generative AI is transforming the security workforce. Space is limited, so request an invite today.

Request an invite

“Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI. Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next.”

Anthropic Claude 3 takes the LLM crown

Anthropic has been on a tear lately, releasing its powerful, new Claude 3 family of large language models (LLMs) that have recently taken the crown from rival OpenAI (where the Anthropic brother-and-sister founding duo Dario and Daniela Amodei and their five other co-founders previously worked — that’s gotta sting!) as most powerful in the world.

There are three different versions each of Claude 3, costing more and offering more capabilities than the other, though the cheapest and smallest/least powerful, Haiku, has earned praise from users for underpricing and outperforming the competition — namely, OpenAI’s GPT-3.5 Turbo model, and even OpenAI’s larger and more powerful GPT-4, on some metrics.

Haiku is honestly the biggest piece of news here – it’s the “cheap and fast model”, analogous to GPT-3.5, except it’s actually as good as earlier model 4. That’s absolutely nuts. https://t.co/c1KLnGTUKo— Shannon Sands (@max_paperclips) March 26, 2024

…and the cash

Following the release of Claude 3 in early March 2024, Amazon quickly added some of the versions of Claude 3 to its Bedrock service on AWS, which allows AWS cloud c …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]

Share This