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SAMARTH SHUKLA

Stealth • 2m

Breaking News: Amazon Commits $4 Billion to AI Startup Anthropic November 24, 2024 — Amazon has announced an additional $4 billion investment in Anthropic, the artificial intelligence startup known for its Claude chatbot. This strategic move doubles Amazon’s 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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