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COINTURK NEWS > News > Amazon Makes Billion-Dollar Strategic Investment in Artificial Intelligence Company Anthropic
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Amazon Makes Billion-Dollar Strategic Investment in Artificial Intelligence Company Anthropic

In Brief

  • E-commerce giant Amazon has decided to make a strategic investment worth billions of dollars in the artificial intelligence company Anthropic. Amazon will initially invest $1.25 billion in Anthropic, with the possibility of increasing its investment to $4 billion in the future. The artificial intelligence company Anthropic will also have access to Amazon Web Services and […]
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E-commerce giant Amazon has decided to make a strategic investment worth billions of dollars in the artificial intelligence company Anthropic. Amazon will initially invest $1.25 billion in Anthropic, with the possibility of increasing its investment to $4 billion in the future. The artificial intelligence company Anthropic will also have access to Amazon Web Services and assist in the development of the company’s local chips.

The Artificial Intelligence Race Heats Up

The rapid global popularity of the artificial intelligence chatbot ChatGPT, launched by the artificial intelligence company Open AI, has brought artificial intelligence technologies back into the spotlight. ChatGPT quickly reached millions of users after its release.

Contents
The Artificial Intelligence Race Heats UpAmazon’s Strategic Investment in Artificial Intelligence Company Anthropic

Technology companies including Meta, the parent company of Facebook, Apple, and Microsoft, have intensified their efforts in the field of artificial intelligence. Meta, in particular, has recently begun work on developing an artificial intelligence chatbot similar to ChatGPT.

Elon Musk, CEO of Tesla and SpaceX, has also made a significant entry in this regard. Musk announced in July that he had launched an artificial intelligence project called xAI.

As research and investments in artificial intelligence technologies gain momentum, e-commerce giant Amazon has made an important move in this context. Amazon has decided to make a strategic investment in an artificial intelligence company called Anthropic.

Amazon’s Strategic Investment in Artificial Intelligence Company Anthropic

E-commerce giant Amazon has decided to make a strategic investment in Anthropic, an artificial intelligence company that released the artificial intelligence chatbot Claude 2 in mid-July. Amazon will initially invest $1.25 billion in Anthropic, with the possibility of increasing the investment to $4 billion.

Anthropic will not only benefit from Amazon’s investment capacity but also gain access to the computing power of Amazon Web Services. The artificial intelligence company Anthropic will use AWS’s Trainium and Inferentia chips for its operations. Both companies plan to jointly develop future Trainium and Inferentia technologies.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 25 September, 2023 - 3:46 pm 25 September, 2023 - 3:46 pm
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