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Previously, we reported on news regarding e-commerce. Cloud computing giant Amazon plans to invest $4 billion in OpenAI rival Anthropic.
Today, Amazon announced the following: completed that investment In addition to the $1.25 billion originally pledged last year, the company has committed an additional $2.75 billion, bringing the planned amount to its full potential.according to CNBCAmazon's „''.Largest venture investment ever”
„We're excited to partner with Amazon Web Services (AWS),“ said Dr. Swami Sivasubramanian, vice president of data and AI at Amazon Web Services (AWS). He said in a prepared statement published in January 2018 that the company's profitable cloud division is the world's largest cloud service provider in terms of revenue and customer base. Amazon company blog.
Sivasubramanian continued:
“Anthropic's visionary work with generative AI, most recently with the introduction of our cutting-edge Claude 3 family of models, combined with Amazon's best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock , opening up even more exciting opportunities for our customers: Use generative AI to innovate quickly, safely, and responsibly. Generative AI is poised to become the most innovative technology of our time, and Anthropic We believe that our strategic collaboration will further improve the customer experience and look forward to the next technology.”
Anthropic Claude 3 wins LLM crown
Anthropic recently released some powerful new features that are on a tear. Claude 3 family of large language models (LLMs) have Recently snatched the title from rival OpenAI (Here, human siblings are Founding duo Dario Amodei and Daniela Amodei and their other five co-founders previously worked as the world's most powerful company.
There are three different versions of Claude 3, each with a higher price and offering more features than the others, while Haiku is the cheapest and smallest/least powerful. It has received praise from users. Outperform your competitors — So, by some metrics, OpenAI's GPT-3.5 Turbo model, or even OpenAI's larger and more powerful GPT-4.
…and cash
After Claude 3 is released in early March 2024, Amazon We quickly added several versions of Claude 3 to the Bedrock service on AWSThis allows AWS Cloud customers to choose from a variety of unique LLMs like Anthropic. Mr. Kohiaand open source stuff from Mistral and Meta Llama 2build your own third-party apps on top of these models for your customers or employees.
With that in mind, it makes a lot of sense for Amazon to put more investment capital into Anthropic. Anthropic offers powerful tools that overwhelm its competitors, and Amazon will be able to host them exclusively for cloud customers (though anyone can access Claude 3 through its API and consumption) direct website for users).
Amazon uses competitive, cutting-edge models such as A) using AWS cloud services and/or S3, B) using its Bedrock platform to build AI apps, and C) They clearly believe that convincing customers to build AI apps using AI has the potential to be highly profitable and generate revenue. Claude 3.
This is the latest cutting edge of Ongoing cloud services competition between AWS and Microsoft Azure. And with Microsoft being a major investor in his OpenAI, it makes perfect sense that Amazon would want to have its own powerful AI startup in its own pocket.