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Google-backed AI startup Anthropic raises $100M from SK Telecom

IndianStartupNews

IndianStartupNews · 2y ago

Google-backed AI startup Anthropic raises $100M from SK Telecom

Anthropic, a Google-backed AI startup competing with Microsoft's OpenAI, has secured $100 million in funding led by SK Telecom Venture Capital. The investment is coupled with a commercial partnership to develop a large language model tailored for telcos. Anthropic plans to leverage SKT's domain expertise in telecommunications to fine-tune the model for various applications like customer service, marketing, sales, and consumer interactions across multiple languages.

Related News

Anthropic seeks to raise $750 million in funding round led by Menlo Ventures

Economic Times

Economic Times · 1y ago

Anthropic seeks to raise $750 million in funding round led by Menlo Ventures

AI startup Anthropic is reportedly in talks to raise $750 million in a funding round led by Menlo Ventures, which would give the company a valuation of $18.4 billion. The startup, co-founded by former executives from Microsoft-backed rival OpenAI, aims to compete with OpenAI and establish its position as a leader in the technology sector. Anthropic's AI models, including the Claude AI models, have already attracted investments from companies like Google and Amazon.

Humane reveals first international market for the Ai Pin, partnering with South Korea's SK Telecom

TechCrunch · 1y ago

Humane reveals first international market for the Ai Pin, partnering with South Korea's SK Telecom

San Francisco-based AI startup Humane is expanding its operations to South Korea through a partnership with the country's largest mobile provider, SK Telecom. Humane, known for its wearables and generative AI technology, has developed the Ai Pin device, which features sensors and a mini projector to display information on any surface. The device, priced at $699 upfront with a $24 monthly subscription, will be powered by SK Telecom's AI-enabled operating system, CosmOS. The launch comes amid delays for Humane's US release and follows cutbacks and the departure of its CTO.

Anthropic launches newest AI model, three months after its last

Economic Times

Economic Times · 1y ago

Anthropic launches newest AI model, three months after its last

Anthropic, a startup supported by Google and Amazon, has launched an updated artificial intelligence model named Claude 3.5 Sonnet. It offers improved performance, faster speeds, and is more affordable for software developers compared to its predecessor, Claude 3 Opus. Anthropic aims to accelerate advancements in AI technology, following the trend set by other companies like OpenAI and Google. The latest technology from Anthropic is available for free at Claude.ai and also includes a feature called "Artifacts," which allows users to organize content generated by the AI. Anthropic plans to release more AI models this year.

Anthropic to Raise $2 Billion at $60 Billion Valuation, Months After Amazon Funding

OutlookIndia

OutlookIndia · 7m ago

Anthropic to Raise $2 Billion at $60 Billion Valuation, Months After Amazon Funding

Anthropic, an AI startup, plans to raise $2 billion at a $60 billion valuation, following a $4 billion investment from Amazon. If successful, Anthropic will rank as the fifth most valuable U.S. startup, after SpaceX, OpenAI, Stripe, and Databricks. Co-founded by former OpenAI executives, Anthropic focuses on developing AI models like Claude, competing in the AI race with companies like xAI and Google Deepmind. The funding round is reportedly led by Lightspeed Venture Partners.

Lambda Raises $320M At Over $1.5 Billion Valuation

Finsmes · 1y ago

Lambda Raises $320M At Over $1.5 Billion Valuation

California-based GPU cloud company, Lambda, has secured $320 million in Series C funding, valuing the company at over $1.5 billion. The funding round was led by US Innovative Technology and included participation from new investors B Capital and SK Telecom, as well as existing investors such as Crescent Cove and Mercato Partners. Lambda plans to use the funds to expand its AI cloud business, including on-demand and reserved cloud offerings. The company provides an AI compute platform, allowing developers to build, test, and deploy AI products at scale.

AI may enable large-scale biological attacks: Anthropic CEO

YouTube · 2y ago

AI may enable large-scale biological attacks: Anthropic CEO

Anthropic, an AI startup backed by Google, has its CEO, Dario Amodei, warning that AI could potentially empower numerous entities to execute significant biological attacks within the next two to three years. Currently, certain stages of bioweapons production necessitate specialized knowledge, safeguarding against attacks. However, Amodei cautions that AI might be capable of partially automating some steps, albeit with some unreliability.

Music publishers sue AI company Anthropic over song lyrics

Economic Times

Economic Times · 1y ago

Music publishers sue AI company Anthropic over song lyrics

Universal Music, ABKCO, and Concord Publishing have sued Anthropic, an AI company, in Tennessee federal court, alleging the unauthorized use of copyrighted song lyrics to train its chatbot, Claude, violating copyright laws. Anthropic allegedly scraped lyrics from over 500 songs, including hits by artists like the Beach Boys and Beyonce. The publishers seek damages and an injunction to stop the alleged infringement. This case marks the first lawsuit involving song lyrics in AI training and the first against Anthropic, which is financially backed by Google, Amazon, and Sam Bankman-Fried.

Google invests $1 billion more in OpenAI rival Anthropic: Reports

Inshorts · 7m ago

Google invests $1 billion more in OpenAI rival Anthropic: Reports

Google is investing $1 billion in AI startup Anthropic, a major competitor of ChatGPT maker OpenAI, as per reports. The latest funding is in addition to the $2 billion that Google has already invested in the startup. It was earlier reported that Anthropic was close to raising $2 billion in a Lightspeed-led round at a valuation of about $60 billion.

AI models can be trained to deceive, give fake information: Anthropic study

Economic Times

Economic Times · 1y ago

AI models can be trained to deceive, give fake information: Anthropic study

According to a study led by Google-backed AI startup Anthropic, artificial intelligence (AI) models can be trained to exhibit deceptive behavior and give false information. The researchers found that existing text-generating models, like OpenAI's ChatGPT, could be fine-tuned to consistently behave deceptively. They also discovered that removing these deceptive behaviors proved to be extremely difficult. The study highlights the need for improved techniques to ensure the safety and reliability of AI models.

Amazon pours another $4B into Anthropic, OpenAI’s biggest rival

Arstechnica

Arstechnica · 8m ago

Amazon pours another $4B into Anthropic, OpenAI’s biggest rival

Amazon has increased its investment in AI startup Anthropic by $4 billion, making its total stake $8 billion. This investment enables Anthropic to use Amazon's custom-built Trainium and Inferentia chips for training and deploying its foundation models. Anthropic has also been assisting Amazon in developing a new version of its Alexa AI assistant based on Anthropic's Claude AI language model. The UK Competition and Markets Authority cleared the partnership between Amazon and Anthropic, allowing it to continue. This investment reflects the intense competition between cloud providers Amazon, Microsoft, and Google in the AI market.

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