Amazon enters into generative AI space with AI startup accelerator
1 year, 11 months ago

Amazon enters into generative AI space with AI startup accelerator

India TV News  

Amazon enters into generative AI space with AI startup accelerator The company has announced a kick-off event in-person in the San Francisco Bay Area in the US from May 24-25 and a Demo day on July 26-27 to showcase the progress of its AI accelerator. The new Amazon Web Services 'Generative AI Accelerator' is a global programme for 10 Generative AI startups that can demonstrate early-stage traction. The company has announced a kick-off event in-person in the San Francisco Bay Area in the US from May 24-25 and a Demo day on July 26-27 to showcase the progress of its AI accelerator. "Upon completion of the 10-week programme, you'll pitch to the Generative AI community -- including investors, press and customers -- to raise awareness for your company," said Amazon.

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History of this topic

Indian-origin Amazon VP who oversaw flagship AI product steps down: Report
3 weeks, 1 day ago

Indian-origin Amazon VP who oversaw flagship AI product steps down: Report

Hindustan Times  

Baskar Sridharan, Amazon Web Services vice president of AI/ML services and data services & infrastructure, is stepping down just after a year of joining the company. Sridharan had joined AWS in May last year after working at Google Cloud and Microsoft for over 20 years Baskar Sridharan, who was in charge of Amazon's top AI products Bedrock and Sagemaker, is …

Amazon's AWS forms new group focused on agentic AI
4 weeks ago

Amazon's AWS forms new group focused on agentic AI

The Hindu  

Amazon.com has formed a new group focused on agentic artificial intelligence, according to an internal email viewed by Reuters on Tuesday. The new group will be led by AWS executive Swami Sivasubramanian, the email, from AWS CEO Matt Garman, said. "Agentic AI has the potential to be the next multi-billion business for AWS," Garman wrote. "We have the opportunity to …

US firms adopt DeepSeek despite scrutiny
1 month, 2 weeks ago

US firms adopt DeepSeek despite scrutiny

China Daily  

The deepSeek logo, a keyboard, and robot hands are seen in this illustration taken January 27, 2025. Despite mounting regulatory scrutiny, Chinese company DeepSeek's artificial intelligence breakthrough is seeing widespread adoption among US technology firms, with industry experts predicting the efficiency gains will accelerate AI implementation across various sectors. The company praised the model's "state-of-the-art reasoning capabilities", "high inference efficiency" …

Alexa Users Alert! Amazon May Announce Major GenAI Upgrade On February 26: What We Know So Far
1 month, 3 weeks ago

Alexa Users Alert! Amazon May Announce Major GenAI Upgrade On February 26: What We Know So Far

ABP News  

Amazon is preparing to unveil a significant upgrade to its popular voice assistant, Alexa, incorporating generative AI technology, reported Reuters based on source inputs. Strategic Move For Growth The new AI-driven Alexa will introduce conversational capabilities, allowing it to handle multiple user prompts in sequence and even perform tasks independently on behalf of users. Testing And Potential Subscription Model Amazon …

A Google GenAI expert weighs in on why companies are clamouring for AI agents
2 months, 1 week ago

A Google GenAI expert weighs in on why companies are clamouring for AI agents

Live Mint  

Google, doubling down on artificial intelligence to fuel revenue growth, is witnessing increased enterprise interest in agentic workflows, according to Oliver Parker, vice president of global Generative AI go-to-market at Google Cloud. Read this | AI and GenAI are transforming robotics: ABB robotics global head Google’s newly launched AgentSpace platform enables businesses to create AI-powered workflows that integrate seamlessly into …

Amazon to relaunch Alexa as an AI agent: Report
2 months, 2 weeks ago

Amazon to relaunch Alexa as an AI agent: Report

The Hindu  

Amazon is reportedly planning to revamp their digital voice assistant Alexa and relaunch it as an AI agent, according to a report by Financial Times. Rohit Prasad, Amazon’s head of artificial general intelligence told the outlet that the revamp was still facing technical challenges like hallucinations and latency. The goal is to turn the digital assistant into an AI agent …

OpenAI makes AI search engine available for all
3 months, 2 weeks ago

OpenAI makes AI search engine available for all

The Hindu  

OpenAI has started rolling out ChatGPT’s AI search engine to all users from Tuesday. In its latest announcement from the ‘12 days of Shipmas’ series, the AI startup has also upgraded the built-in search engine with new features. If people are searching for upcoming events around them, the search engine will replace the standard text snippet it normally gives, with …

Apple planning to use Amazon's latest AI chips to train upcoming Apple Intelligence models
3 months, 4 weeks ago

Apple planning to use Amazon's latest AI chips to train upcoming Apple Intelligence models

Firstpost  

Apple has been using Amazon’s Trainium and Graviton chips to improve search functionality, achieving a 40 per cent boost in performance. Now, the company is evaluating Amazon’s Trainium2 chips for pre-training new AI models AWS’s new servers are set to launch next year, alongside NVIDIA's latest offerings, as both companies race to meet booming AI demands. Image Credit : Reuters …

Meta joins Google, Amazon & OpenAI, latest among tech giants turning to nuclear power to fuel AI ambitions
3 months, 4 weeks ago

Meta joins Google, Amazon & OpenAI, latest among tech giants turning to nuclear power to fuel AI ambitions

Firstpost  

Meta has issued a call for proposals for bringing nuclear reactors online by the early 2030s to support its data centres and the surrounding communities. It is looking for partners who can develop and manage a facility that has a capacity of 1 to 4 gigawatts Meta’s interest in nuclear power reflects the increasing energy demands of AI technologies, which …

AWS re:Invent 2024: Amazon unveils Nova, new collection of AI models, to take on OpenAI, Google, Microsoft
3 months, 4 weeks ago

AWS re:Invent 2024: Amazon unveils Nova, new collection of AI models, to take on OpenAI, Google, Microsoft

Firstpost  

Amazon is pitching Nova as a cost-effective and efficient alternative in the AI market. The company claims the models are at least 75 per cent cheaper and faster than similar offerings available through AWS servers Amazon has stepped into the generative AI arena with its boldest move yet, unveiling its own suite of artificial intelligence models. Amazon Nova, a new …

Amazon launches new AI models
3 months, 4 weeks ago

Amazon launches new AI models

The Hindu  

Amazon introduced a range of artificial intelligence foundational models at its flagship annual event Amazon Web Services re: Invent, called Nova, which will allow for text, image and video generation. Amazon CEO Andy Jassy announced the “ Nova” models at the keynote address by AWS CEO Matt Garman on Tuesday morning. “Our new Amazon Nova models are intended to help …

Amazon Is Building a Mega AI Supercomputer With Anthropic
55 years, 3 months ago

Amazon Is Building a Mega AI Supercomputer With Anthropic

Wired  

Amazon is building one of the world’s most powerful artificial intelligence supercomputers in collaboration with Anthropic, an OpenAI rival that is working to push the frontier of what is possible with artificial intelligence. Amazon says it expects the supercomputer, which will feature hundreds of thousands of Amazon’s latest AI training chip, Trainium 2, to be the largest reported AI machine …

Amazon develops video AI model: Report
4 months ago

Amazon develops video AI model: Report

The Hindu  

E-commerce giant Amazon has developed new generative artificial intelligence that can process images and videos in addition to text, making it less reliant on AI startup Anthropic, The Information reported on Wednesday. The development of the new AI model will help Amazon reduce its reliance on Anthropic's Claude chatbot, a popular offering on Amazon Web Services, the report said, citing …

Amazon Invests an Additional $4 Billion in AI Firm Anthropic
4 months, 1 week ago

Amazon Invests an Additional $4 Billion in AI Firm Anthropic

Deccan Chronicle  

Amazon is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. That deal included provisions that Anthropic use Amazon Web Services data centers for some of its computing needs, as well as AWS-designed AI chips. The latest investment “establishes AWS as our primary cloud and training partner,” Anthropic said in …

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal
Trending News
4 months, 1 week ago

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Live Mint  

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence startup, as major technology firms continue to vie for dominance in the generative AI sector. Under the agreement, Anthropic will designate Amazon Web Services as its principal training partner for developing its foundational AI models—highly advanced systems that power general-purpose AI applications such as …

Amazon to invest an additional $4 billion in AI startup Anthropic
4 months, 1 week ago

Amazon to invest an additional $4 billion in AI startup Anthropic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amazon is investing an additional …

After Google, OpenAI plans to launch its new tool that automates tasks in January
4 months, 2 weeks ago

After Google, OpenAI plans to launch its new tool that automates tasks in January

India Today  

OpenAI is reportedly working on a new AI-powered tool that will automate lengthy tasks like booking flight tickets, research on topics and writing code. It also means that Google's latest AI can independently operate a computer, handling straightforward tasks without human intervention. Sam Altman, CEO of OpenAI, suggested in a Reddit Ask Me Anything session last month that the next …

Anthropic, Palantir team up with Amazon to work together in creating AI for the US military
4 months, 3 weeks ago

Anthropic, Palantir team up with Amazon to work together in creating AI for the US military

Firstpost  

The surge in AI applications for national security highlights an era where public sector contracts are becoming a lucrative target for tech giants, with AI technology serving as the centrepiece of modern defence and intelligence strategies For companies hoping to gain a foothold in the public sector, having expertise in navigating complicated contracting requirements is a major advantage. Image Credit: …

Google Cloud announces initiatives for early-stage AI startups
4 months, 3 weeks ago

Google Cloud announces initiatives for early-stage AI startups

The Hindu  

Google has announced a suite of programs and partnerships at the AI Startups Summit held yesterday in Bengaluru to accelerate the growth of artificial intelligence startups. The Emerging ISV Partner Springboard is a 12-week program designed so startups receive hands-on support from Google experts for building go-to-market assets, product refinement, technical advice and smooth onboarding to Google Cloud Marketplace. Early-stage …

Amazon.com mulls new multi-billion dollar investment in Anthropic: Report
4 months, 3 weeks ago

Amazon.com mulls new multi-billion dollar investment in Anthropic: Report

The Hindu  

Amazon is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter. The cloud services giant announced an investment of $4 billion in the OpenAI rival in September last year, saying its customers would gain early access to Anthropic's technology. Amazon has asked Anthropic, which …

Amazon Embraces AI, But Navigates Regulatory Minefield
5 months ago

Amazon Embraces AI, But Navigates Regulatory Minefield

Live Mint  

Amazon's Matt Garman discusses the company's AI strategy and the challenges of government regulation. Garman emphasizes the importance of data security and control, and he believes that nuclear energy can be a key part of Amazon's future energy mix. He also acknowledges the challenges of remote work but remains optimistic about the benefits of in-person collaboration.

Amazon Dreams of AI Agents That Do the Shopping for You
5 months, 3 weeks ago

Amazon Dreams of AI Agents That Do the Shopping for You

Wired  

Amazon might not have ChatGPT, but it has a roadmap that includes developing even more advanced forms of artificial intelligence—including AI agents that are hell-bent on helping you buy stuff. We’re working on it, prototyping it, and when we think it’s good enough, we’ll release it in whatever form makes sense,” says Trishul Chilimbi, a VP and distinguished scientist at …

Amazon launches AI-powered shopping assistant Rufus in the UK
6 months, 4 weeks ago

Amazon launches AI-powered shopping assistant Rufus in the UK

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amazon has launched an AI-powered …

AWS’ GenAI Loft for startups launched in Bengaluru
8 months ago

AWS’ GenAI Loft for startups launched in Bengaluru

The Hindu  

Amazon Web Services has announced the launch of a new global initiative called AWS GenAI Loft in Bengaluru on Tuesday. “We are excited to commence the global tour of AWS GenAI Loft in Bengaluru, a hub for AI innovation in the country,” said Kumara Raghavan, head of startups at AWS India and South Asia. Participants will be given access to …

US firm's AI tech ban set to inspire homegrown innovation
8 months, 1 week ago

US firm's AI tech ban set to inspire homegrown innovation

China Daily  

SHI YU/CHINA DAILY US-based research company OpenAI's recent move to block access in China and other countries to the technology used to build artificial intelligence products is likely to backfire and boost development of the domestic industry, experts said. Luring new users In response to OpenAI's announcement, a slew of Chinese technology companies are scrambling to lure OpenAI users to …

US firm's AI tech ban set to inspire homegrown innovation
8 months, 1 week ago

US firm's AI tech ban set to inspire homegrown innovation

China Daily  

SHI YU/CHINA DAILY US-based research company OpenAI's recent move to block access in China and other countries to the technology used to build artificial intelligence products is likely to backfire and boost development of the domestic industry, experts said. Luring new users In response to OpenAI's announcement, a slew of Chinese technology companies are scrambling to lure OpenAI users to …

AWS and iTNT Hub collaborate to nurture generative AI innovation among startups in Tamil Nadu
8 months, 2 weeks ago

AWS and iTNT Hub collaborate to nurture generative AI innovation among startups in Tamil Nadu

The Hindu  

Amazon Web Services India Private Limited has said that it will be supporting Tamil Nadu Technology Hub to launch a generative Artificial Intelligence startup hub program. According to details shared by AWS, the program will enable startups to collaborate with the industry to build public sector-focused solutions using generative AI, and will solicit and shortlist startups building solutions for government, …

Amazon hires execs from Adept AI to push AI efforts
9 months ago

Amazon hires execs from Adept AI to push AI efforts

The Hindu  

Amazon has hired the co-founders and some of the team from AI startup Adept to ramp up research around artificial intelligence technology. In a memo shared with employees on Friday, Rohit Prasad, a senior vice president and head scientist supervising Amazon’s AGI division, stated that the company had hired Adept co-founder and CEO David Luan along with “a few other …

Amazon is secretly working on a 'ChatGPT killer' bot that will act as your own personal 'AI agent' - capable of booking flights or turning off your lights, report claims
9 months ago

Amazon is secretly working on a 'ChatGPT killer' bot that will act as your own personal 'AI agent' - capable of booking flights or turning off your lights, report claims

Daily Mail  

Tech companies are scrambling to keep up in the race for AI supremacy, and it seems Amazon is no different. Amazon's 'ChatGPT killer' – named 'Metis' after the Greek god of wisdom – will likely be launched at its autumn product event, expected to occur in September. With Metis, Amazon is joining an already crowded AI chatbot market that largely …

AWS announces $50 million investment in Generative AI Impact Initiative for PSUs
9 months ago

AWS announces $50 million investment in Generative AI Impact Initiative for PSUs

The Hindu  

Amazon Web Services announced the AWS Public Sector Generative Artificial Intelligence Impact Initiative. The initiative is designed to help public sector organizations – and those that directly support their technology needs – to accelerate innovation in support of critical missions using AWS generative AI services and infrastructure. As part of this initiative, AWS is committing up to $50 million in …

Amazon is working on an AI chatbot to rival OpenAI’s ChatGPT: Report
9 months, 1 week ago

Amazon is working on an AI chatbot to rival OpenAI’s ChatGPT: Report

The Hindu  

Amazon is building an AI chatbot to rival OpenAI’s ChatGPT, a report by Business Insider has revealed. According to sources and an internal document obtained by the outlet, the project is code-named ‘Metis,’ a possible reference to the Greek Goddess of wisdom, and intends to work as a web browser. The chatbot will be based on Amazon’s most powerful version …

Automation Anywhere bolsters business automation with new Gen AI platform
9 months, 2 weeks ago

Automation Anywhere bolsters business automation with new Gen AI platform

The Hindu  

Automation Anywhere, a leading intelligent automation service provider, is scaling up its business automation service portfolio with a new generative AI platform, aimed at making organisational workflows efficient through discovery, development, and deployment of AI automation processes. Drawing parallels between today’s advances in AI and the Internet revolution of the 1990s, he noted that “If we undermine this technology, it …

Google rebuilds search engine around AI and unveils new image and video tools
10 months, 2 weeks ago

Google rebuilds search engine around AI and unveils new image and video tools

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Google has unveiled an array …

AI Search Startup Perplexity Valued at $1 Billion in Funding Round
11 months, 1 week ago

AI Search Startup Perplexity Valued at $1 Billion in Funding Round

Bloomberg  

Perplexity AI, a startup using artificial intelligence to build a search engine to compete with Alphabet Inc. ’s Google, has raised about $63 million in a new funding round that values the company at more than $1 billion. Founded less than two years ago, Perplexity offers an AI chatbot that summarizes search results, lists citations for its answers and helps …

AI pioneer Andrew Ng joins Amazon’s board of directors
11 months, 3 weeks ago

AI pioneer Andrew Ng joins Amazon’s board of directors

The Hindu  

Amazon will be adding AI stalwart and Google Brain co-founder Andrew Ng to its board of directors, the e-commerce giant announced on Thursday. He has headed AI teams at Google, where he co-founded the Deep Learning project along with Chief AI Scientist of the company, Jeff Dean. “His academic and private sector work developing machine learning and deep learning algorithms …

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
11 months, 3 weeks ago

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors

Associated Press  

Amazon is adding artificial intelligence visionary Andrew Ng to its board of directors, a move that comes amid intense AI competition among startups and big technology companies. The Seattle company said Thursday that Ng, a managing director at the Palo Alto, California-based AI Fund, will replace a seat vacated by Judy McGrath, a former CEO of MTV who told Amazon …

1000 Indians part of Amazon's “generative AI” driven Just Walk Out project in Fresh stores: Report
11 months, 4 weeks ago

1000 Indians part of Amazon's “generative AI” driven Just Walk Out project in Fresh stores: Report

Hindustan Times  

Amazon is phasing out its Just Walk Out tech from all of its Fresh grocery stores in the US, according to a report in The Information. Amazon had claimed: “The feat is a combination of computer vision, object recognition, advanced sensors, deep machine learning models, and generative AI—a type of artificial intelligence that has recently captured the public’s imagination.” Jon …

Minfy partners with AWS to push AI and cloud transformation in enterprises
1 year ago

Minfy partners with AWS to push AI and cloud transformation in enterprises

The Hindu  

Cloud-native systems integrator Minfy has announced a multi-year strategic collaboration agreement with AWS to help companies from healthcare, logistics, and manufacturing to transition their workloads to AWS. The company plans to expand in the U.S., Australia, and Southeast Asian countries like Malaysia and the Philippines with AWS by solidifying their go-to-market plans, hiring local talent and building relevant customer solutions. …

Amazon pours an additional $2.75 billion into AI startup Anthropic
1 year ago

Amazon pours an additional $2.75 billion into AI startup Anthropic

Associated Press  

NEW YORK — Amazon said Wednesday it is pouring an additional $2.75 billion into Anthropic, bringing its total investment in the artificial intelligence startup to $4 billion. “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,” …

AWS chief Adam Selipsky talks generative AI, Amazon’s investment in Anthropic and cloud cost cutting
1 year, 3 months ago

AWS chief Adam Selipsky talks generative AI, Amazon’s investment in Anthropic and cloud cost cutting

Associated Press  

Adam Selipsky is shepherding Amazon’s cloud unit at one of the most important moments in tech history. Selipsky, the CEO of the company’s cloud computing unit AWS, has been behind the various generative AI offerings Amazon has rolled out over the past few months as it aims to compete with Microsoft and others in the growing AI arms race. Simultaneously, …

Amazon launches Q, a business chatbot powered by generative artificial intelligence
1 year, 4 months ago

Amazon launches Q, a business chatbot powered by generative artificial intelligence

Associated Press  

NEW YORK — Amazon finally has its answer to ChatGPT. The tech giant said Tuesday it will launch Q — a business chatbot powered by generative artificial intelligence. The announcement, made in Las Vegas at an annual conference the company hosts for its AWS cloud computing service, represents Amazon’s response to rivals who’ve rolled out chatbots that have captured the …

Amazon launches free AI courses on generative AI to skill people globally
1 year, 4 months ago

Amazon launches free AI courses on generative AI to skill people globally

The Hindu  

Amazon launched free AI training courses to provide AI skills to two million people globally by 2025. Under the programme AWS will provide eight new AI and generative AI courses to people, with options ranging from foundational to advanced and courses for business leaders as well as technologists. Amazon will also provide AWS Generative AI scholarships with support from Udacity …

Amazon offers free courses to learn generative AI easily - All you need to know
1 year, 4 months ago

Amazon offers free courses to learn generative AI easily - All you need to know

India TV News  

Amazon has launched the "AI Ready" program which aims to provide free AI skills training to two million people globally by 2025. Free AI and Generative AI Courses Amazon is offering eight new and free courses covering AI and generative AI which caters to various skill levels from foundational to advanced technologists. Learning Plans for Different Audiences For Business and …

Amazon lays off hundreds in its Alexa division as it pushes resources into AI
1 year, 4 months ago

Amazon lays off hundreds in its Alexa division as it pushes resources into AI

The Hindu  

Amazon is cutting hundreds of jobs in the unit that handles its popular voice assistant Alexa as it pushes more resources into artificial intelligence. In a note to employees on Friday, Daniel Rausch, Amazon’s vice president of Alexa and Fire TV, wrote that the company is eliminating certain roles because it is ditching some initiatives. “As we continue to invent, …

Amazon To Cut Hundreds Of Jobs In Alexa Division, Shifts Focus To Generative AI
1 year, 4 months ago

Amazon To Cut Hundreds Of Jobs In Alexa Division, Shifts Focus To Generative AI

News 18  

In a major move, the US-based tech giant Amazon has announced that it is cutting hundreds of jobs in the unit responsible for its popular voice assistant, Alexa, as the company shifts its business priorities to focus on generative artificial intelligence. The broader trend involves companies redirecting resources towards generative AI, a technology capable of generating software code and extensive …

Another round of lay offs: Amazon is cutting down several hundred jobs from Alexa and AI unit
1 year, 4 months ago

Another round of lay offs: Amazon is cutting down several hundred jobs from Alexa and AI unit

India Today  

Amazon is laying off employees again, and this time, the workers from the Alexa and AI teams are receiving pink slips. Rauch reiterated that Amazon is making substantial investments in generative AI, a technology capable of generating new content, such as text, images, and code, from existing data. This investment stems from Amazon's conviction that generative AI holds the potential …

Amazon lays off hundreds in its Alexa division as it plows resources into AI
1 year, 4 months ago

Amazon lays off hundreds in its Alexa division as it plows resources into AI

Associated Press  

NEW YORK — Amazon is cutting hundreds of jobs in the unit that handles its popular voice assistant Alexa as it plows more resources into artificial intelligence. In a note to employees on Friday, Daniel Rausch, Amazon’s vice president of Alexa and Fire TV, wrote that the company is eliminating certain roles because it is ditching some initiatives. “As we …

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 5 months ago

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT

Firstpost  

Google and Amazon are investing billions into an AI programme called Claude that is supposedly much better than OpenAI’s ChatGPT. Amazon had invested over $4 billion, whereas Google has invested over $2 billion, and plans to invest more A couple of days ago, Google announced its intention to invest a substantial sum of up to $2 billion in Anthropic, a …

Google set to invest $2 billion in Anthropic- OpenAI's competitor
1 year, 5 months ago

Google set to invest $2 billion in Anthropic- OpenAI's competitor

India TV News  

Google is set to invest $2 billion in the AI startup Anthropic, created by former members of OpenAI, as competition in the AI field intensifies. In September, Amazon also announced plans to invest as much as $4 billion in Anthropic, securing a minority ownership position in the firm, reflecting the fierce competition within the growing generative AI sector dominated by …

Betting Big: Why is Amazon investing $4 billion in Anthropic, a fledgling AI startup
1 year, 6 months ago

Betting Big: Why is Amazon investing $4 billion in Anthropic, a fledgling AI startup

Firstpost  

Amazon is investing heavily in AI and is investing over $4 billion in Anthropic. Last year, Google had invested about $300 million in Anthropic Amazon is making a substantial move into the world of artificial intelligence by investing up to $4 billion in Anthropic, an AI startup. As part of this partnership, Anthropic will leverage Amazon’s cloud computing platform and …

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