Amazon makes $4B bet on startup in AI race ...Middle East

The Hill - Technology
Amazon makes $4B bet on startup in AI race
source : The Hill ( Middle East ) () 34
Amazon announced Monday it will invest up to $4 billion in artificial intelligence (AI) startup Anthropic, marking the tech giant’s latest move to compete in the AI race with rivals like Google and Microsoft.  Amazon and Anthropic said Monday they are launching a “broader collaboration” to develop “the most reliable and high-performing foundation models” in the industry.  Amazon vowed to invest up to $4 billion and said it will have a minority ownership position in the company.  Anthropic will use Amazon Web Services (AWS) as its primary cloud provider, while AWS users will be given early access to unique features for model customization and fine-tuning capabilities, the San Fran

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