Amazon is investing another $2.75 billion (2.53 billion euros) in an AI start-up. The world’s largest online retailer’s total investment in Anthropic will rise to $4 billion, Amazon announced on Wednesday. Anthropic develops software with artificial intelligence such as the chatbot Claude.
Amazon initially joined the company in September. It was also agreed at the time that Amazon’s subsidiary AWS would become the central provider of cloud infrastructure for Anthropic.
A lot of computing power is required
The language models of chatbots with artificial intelligence such as ChatGPT require a lot of computing power, which is expensive. That’s why partnerships with cloud heavyweights like Microsoft or Amazon are particularly valuable for young AI companies.
The tech giants can in turn benefit from innovations from start-ups. Microsoft invested in ChatGPT developer OpenAI and integrated AI software based on its technology into its products from Windows to Office.
Amazon is a pioneer in the field of voice assistants with its Alexa software. The company has since developed its own AI language models to make conversations with Alexa more fluid and efficient. Anthropics Claude is available to customers of an Amazon cloud service.
Source: Krone
I’m Ben Stock, a journalist and author at Today Times Live. I specialize in economic news and have been working in the news industry for over five years. My experience spans from local journalism to international business reporting. In my career I’ve had the opportunity to interview some of the world’s leading economists and financial experts, giving me an insight into global trends that is unique among journalists.
