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Breaking News: Amazon Commits $4 Billion to AI Startup Anthropic November 24, 2024 โ Amazon has announced an additional $4 billion investment in Anthropic, the artificial intelligence startup known for its Claude chatbot. This strategic move doubles Amazonโs stake in the company, bringing its total investment to $8 billion. Key Developments: AWS Integration: Anthropic will use Amazon Web Services (AWS) as its primary cloud platform, leveraging specialised AI hardware like Trainium and Inferentia chips for training and deploying cutting-edge models. Expanded Claude AI Access: Amazon Bedrock users will gain early access to Anthropic's latest models, including the newly launched Claude 3, which outperforms competitors in reasoning and coding tasks. Market Disruption: The collaboration positions Amazon as a major competitor against AI giants like Microsoft, OpenAI, and Google in the $1 trillion generative AI market projected for the next decade. Stay tuned for more updates!!
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Amazon Offers $110M in Grants to Boost AI Research with Trainium Chips ๐ฅ Amazon Web Services (AWS) launches a $110 million grant program to support AI research, offering credits and up to $500,000 in funding for AI researchers. The initiative ai
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Amazon Turns to Anthropic's Claude for Alexa AI Revamp Amazon is revamping its Alexa virtual assistant using Anthropic's AI technology, particularly its Claude model. This move aims to improve Alexa's conversational abilities and make it more helpful
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Bhavish Aggarwalโs AI startup, Krutrim AI, has begun hosting Chinese GenAI company DeepSeekโs open-source models on its cloud platform. Five models, ranging from 8 billion to 70 billion tokens, are now live on Indian servers at the worldโs lowest p
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๐ง๐ต๐ฒ ๐๐ป๐๐ฎ๐ป๐ฒ ๐๐ฟ๐ผ๐๐๐ต ๐ผ๐ณ ๐๐ ๐ฆ๐๐ฎ๐ฟ๐๐๐ฝ๐! โข Anthropic raised a $3.5 billion funding round at a valuation of $61.5 billion, led by Lightspeed Venture Partners, General Catalyst , Bessemer Venture Partners and others. โข Recently, O
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