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September 28, 2023
Amazon Invests $4 Billion into the AI Space with Anthropic
Summary
Amazon invests $4bn into AI firm Anthropic, competing with Google, Microsoft in AI race. Attains minority ownership, promotes generative AI development, propels Anthropic's competition with ChatGPT's developer OpenAI. Anthropic selects AWS as primary cloud provider, plans customer-first access to select model customization, fine-tuning features. Investment pushes Amazon alongside Microsoft, Google's AI investments. AWS customers can build on Anthropic models with Amazon Bedrock. Agreement makes Amazon Anthropic's custom chip source for training, deploying unique AI systems, advancing against Nvidia.
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