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Amazon Adds $2.75 Billion to Anthropic Investment—Total Now $4B

March 31, 2024
in General
Amazon Adds $2.75 Billion to Anthropic Investment—Total Now $4B
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Amazon investment Anthropic

Photo Credit: Anthropic

Amazon has announced it has concluded its $4 billion investment in AI giant Anthropic, contributing a further $2.75 billion after its initial $1.25 billion investment. Here’s the latest.

As part of a strategic collaborative agreement, Anthropic will be using Amazon Web Services (AWS) as its primary cloud provider for mission critical workloads, including safety research and future foundation model development. Anthropic will also use AWS Trainium and Inferentia chips to build, train, and deploy its future models and has made a long-term commitment to provide AWS customers with access to future generations of its foundation models on Amazon Bedrock.

Earlier this month, Amazon announced access to the most powerful Anthropic AI models on Amazon Bedrock. The Claude 3 family of models demonstrate advanced intelligence, near-human levels of responsiveness, and improved steerability and accuracy, alongside new vision capabilities.

“We have a notable history with Anthropic, together helping organizations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organizations,” adds Dr. Swami Sivasubramanian, Vice President of Data and AI at AWS. “Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the-art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI.”

“Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next,” Sivasubramanian concludes.

AWS and Anthropic have also partnered with Accenture to help organizations in highly-regulated industries like healthcare, public sector, banking, and insurance responsibly adopt and scale generative AI solutions. Amazon’s initial $1.25 billion investment in Anthropic gave the commerce giant a minority ownership stake. Now the company has concluded its $4 billion investment with a further $2.75 billion.

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