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Amazon steps up AI race with $4 bn Anthropic investment

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Amazon said on Monday it would invest up to $4 billion in AI firm Anthropic, as the online retail giant steps into an AI race dominated by Microsoft, Google and OpenAI. The success of OpenAI's ChatGPT, a chatbot released last year that is able to generate poems, essays and other works with just a short prompt, has led to billions being invested in the field.

The giant firms and wealthy investors of Silicon Valley have poured money into artificial intelligence as they seek to find a killer application to justify the interest.ChatGPT's instant success threw much of the focus onto chatbots and sparked imitators and rivals, not least from Google with its Bard chatbot.

Microsoft on Thursday said it would integrate OpenAI's soon to be released Dall-E 3 image creation tool into its Bing search engine, in its latest effort to use artificial intelligence to compete with the almighty Google. It promises that"Claude", which is the name of the Anthropic's chatbot and its model, will"help customers of all sizes to develop new generative AI-powered applications to transform their organisations".

 

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Amazon steps up AI race with $4-billion Anthropic dealAmazon Web Services will invest up to $4-billion in cash in the high-profile AI start-up Anthropic.
Source: TechCentral - 🏆 8. / 71 Read more »