Amazon Invests $4 Billion USD in OpenAI Competitor Anthropic

Funding the development of language models and systems.

Tech & Gadgets
653 1 Comments
Save

Amazon is putting its money behind Anthropic, an AI startup dedicated to building systems and language models. The company shared that it has invested $4 billion USD to help the startup advance its development of generative AI.

Anthropic was notably founded in 2021 by former employees at OpenAI, who departed after taking issue with OpenAI’s work with Microsoft. In the time since then, it’s raised over $500 billion USD in funding.

Anthropic will be using Amazon’s Trainium and Inferentia chips to build and train its future models. In exchange, Amazon will become the “primary cloud provider” of Anthropic, helping to execute both research and the deployment of AI models.

Amazon now has a minority ownership take in the company and its web services customers will be among some of the first to be granted early access to new AI models and other features.

In other tech news, Razer rolled out a $5,000 USD Lamborghini-inspired laptop.

Read Full Article

What to Read Next

OpenAI Leads $252 Million USD Bet on Sam Atlamn's Merge Labs
Tech & Gadgets

OpenAI Leads $252 Million USD Bet on Sam Atlamn's Merge Labs

The brain-computer interface lab pursues non-invasive, AI-native neural hardware that rivals Neuralink and stirs governance debate.
16 Sources

Disney Makes Massive $1 Billion USD Bet on AI
Entertainment

Disney Makes Massive $1 Billion USD Bet on AI

Giving OpenAI’s Sora access to over 200 of its iconic Disney characters.

OpenAI and Jony Ive's Screenless AI Device Could Release in the Next Two Years
Tech & Gadgets

OpenAI and Jony Ive's Screenless AI Device Could Release in the Next Two Years

Sam Altman and Jony Ive confirmed that the product has received its first prototype.
24 Sources


POP MART CEO Says Toy Company on Track To Hit Over $4 Billion USD Revenue This Year
Toys

POP MART CEO Says Toy Company on Track To Hit Over $4 Billion USD Revenue This Year

Thanks to the surge in demand for collectible toys like Labubu.

Hypebeast Flea’s “Best of Squarespace” Championed Grassroots Businesses

Hypebeast Flea’s “Best of Squarespace” Championed Grassroots Businesses

Presented by Squarespace
Featuring live ceramic painting, on-site grillz molds, and a sold-out retail experience.

Paul&Shark's London Flagship Store Is an Elegant Oasis
Fashion

Paul&Shark's London Flagship Store Is an Elegant Oasis

The two-story space features light wood flooring and navy blue accents.

'Good Morning Kevin' Creates Viral Content From Outer Space
Entertainment

'Good Morning Kevin' Creates Viral Content From Outer Space

The animated series embraces Gen-Z’s social-first mindset.

Milan's Antonia Heads Into the Jungle for Pharrell Williams x Moncler Drop
Fashion

Milan's Antonia Heads Into the Jungle for Pharrell Williams x Moncler Drop

Seeing hilled meadows and growing leaves take over the flagship store.

SAKO Architects Lights Up the Tokyo Skyline With "Vertical Rainbow" Building
Design

SAKO Architects Lights Up the Tokyo Skyline With "Vertical Rainbow" Building

The structure is illuminated by a gradient facade that dims after sunset.

Nicholas Daley Sets a Premium Touch on G.H. BASS' Weejuns Loafer
Footwear

Nicholas Daley Sets a Premium Touch on G.H. BASS' Weejuns Loafer

Featuring embossed crocodile patterns in “Navy” and “Chocolate” colorways.


Goldwin and SPIBER Present "Regenerative Circle," Their First Full Collection
Fashion

Goldwin and SPIBER Present "Regenerative Circle," Their First Full Collection

High-end winter apparel with plant-derived textiles made using microbial fermentation technology, a process similar to brewing beer.

Will Smith's 'Class of '88' Podcast To Feature Queen Latifah, Rakim and More
Music

Will Smith's 'Class of '88' Podcast To Feature Queen Latifah, Rakim and More

Premiering in October.

Hamilton Launches All-New Khaki Field Expedition Collection
Watches

Hamilton Launches All-New Khaki Field Expedition Collection

Available in four versions and two case sizes.

Official Look Jordan 6 Rings Winterized "Black" Colorway
Footwear

Official Look Jordan 6 Rings Winterized "Black" Colorway

Hitting shelves soon.

Best Footwear Trends at Milan Fashion Week SS24
Footwear

Best Footwear Trends at Milan Fashion Week SS24

Comfort and function over everything.

Milan Fashion Week SS24 Street Style
Fashion

Milan Fashion Week SS24 Street Style

Casual and edgy styling took over the week in the Italian fashion capital.

More ▾