Amazon Invests an Additional $4 Billion in AI Firm Anthropic
4 months 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 a blog post, adding that the startup plans to use Amazon’s AI chips to develop its most advanced models. Anthropic Chief Executive Officer Dario Amodei has said he expects the costs of developing larger AI models could eventually grow to $100 billion, up from $100 million this year.

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History of this topic

Amazon's AWS forms new group focused on agentic AI
3 weeks, 2 days 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 …

AI firm Anthropic valued at $61.5 billion in funding round
3 weeks, 4 days ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

Amazon Web Services to invest $8.2 billion in India in the next 4-5 years: IT minister Ashwini Vaishnaw
3 weeks, 4 days ago

Amazon Web Services to invest $8.2 billion in India in the next 4-5 years: IT minister Ashwini Vaishnaw

India Today  

Amazon Web Services, Amazon’s cloud computing arm, is planning to invest approximately $8.2 billion in Maharashtra over the coming years, the Ministry of Electronics and Information Technology announced on Monday. At its annual Smbhav event in December 2024, Amazon India’s country manager Samir Kumar announced that in four years, Amazon would be able to “digitise 10 million small businesses”, and …

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?
3 weeks, 4 days ago

Donald Trump’s ‘investment announcement’ coming at 12:00 am IST—What could it be?

Live Mint  

US President Donald Trump is set to make an "investment announcement" at 1:30 p.m. TSMC’s growing investment in the US TSMC has been ramping up its US semiconductor production: In April, the company increased its planned U.S. investment to $65 billion, adding a third factory in Arizona by 2030. Major tech investments since Trump's return to office Since Trump's second …

Anthropic close to $3.5 billion fundraise, sources say
1 month ago

Anthropic close to $3.5 billion fundraise, sources say

The Hindu  

AI startup Anthropic is seeking $3.5 billion in a funding round that would value it at $61.5 billion, two sources familiar with the matter told Reuters on Monday. The startup behind the Claude chatbot could receive backing from venture firms Lightspeed Venture Partners, General Catalyst and Bessemer Venture Partners, the sources said. The funding round would be larger than the …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate
1 month ago

Alibaba to invest over $53 billion in AI over next 3 years in response to Trump's Stargate

Firstpost  

Alibaba’s cloud business has been seeing steady growth, with revenue climbing 13 per cent year-over-year to $4.35 billion in the last quarter. AI-related product revenue has surged for six consecutive quarters, recording triple-digit growth Alibaba has been experiencing a rapid surge in demand for AI-powered solutions, with Wu revealing that since the Chinese New Year, approximately 60-70% of new demand …

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report
1 month, 2 weeks ago

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report

The Hindu  

Anthropic projects its revenue could reach as high as $34.5 billion in 2027, technology news website The Information reported on Wednesday, with the AI startup racing to catch up with Microsoft-backed OpenAI. In a base case scenario, Anthropic said revenue would reach $12 billion in 2027, up from $2.2 billion in 2025, the report said. The company told investors it …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 3 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

Trump highlights partnership investing $500 billion in AI
2 months, 1 week ago

Trump highlights partnership investing $500 billion in AI

Associated Press  

▶ Follow live updates on President Donald Trump’s return to Washington WASHINGTON — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank. The new entity, Stargate, will start building out data centers and the electricity generation needed for …

French AI Champion Mistral Isn’t for Sale, CEO Mensch Says
2 months, 1 week ago

French AI Champion Mistral Isn’t for Sale, CEO Mensch Says

Live Mint  

-- European artificial intelligence champion Mistral AI is “not for sale” and instead is working toward an initial public offering, according to Chief Executive Officer Arthur Mensch. “Of course that’s the plan,” Mensch said on Bloomberg TV Tuesday when asked about a potential IPO for the French AI startup. Last year, it raised €600 million from investors including General Catalyst, …

Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development
2 months, 2 weeks ago

Amazon's AWS to invest $11 billion in Georgia to boost AI infrastructure development

The Hindu  

Amazon.com said on Tuesday that its cloud computing division, Amazon Web Services, plans to invest about $11 billion to expand its infrastructure in Georgia to support cloud computing and AI technologies. Big Tech companies are pouring billions into artificial intelligence, highlighting the growing need for robust data centers and advanced infrastructure to support AI-driven innovations and cloud services. This surge …

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion: Report
2 months, 2 weeks ago

Anthropic to raise $2 billion in deal valuing AI startup at $60 billion: Report

The Hindu  

AI startup Anthropic is in advanced talks to raise $2 billion in a deal valuing the OpenAI rival at $60 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. Amazon.com late last year doubled its investment in the startup to $8 billion, as the e-commerce giant went up against Big Tech rivals in a race …

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development
4 months ago

'This is what I was born to do': Masayoshi Son's SoftBank to invest another $1.5 billion into OpenAI for AI development

Hindustan Times  

SoftBank is planning to buy $1.5 billion worth of OpenAI stock as its CEO Masayoshi Son looks to position the Japanese group as an artificial intelligence leader. SoftBank CEO Masayoshi Son has also publicly expressed admiration for OpenAI co-founder and CEO Sam Altman and said he frequently talks to him Son is doing this with an ambitious AI plan of …

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 deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal
Trending News
4 months 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 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 …

UK's Competition Authority approves Google's $2 billion investment in Anthropic
4 months, 1 week ago

UK's Competition Authority approves Google's $2 billion investment in Anthropic

Firstpost  

Anthropic emphasises that it will remain independent despite major funding from Google. Google’s $2B investment includes non-voting shares and consultation rights, ensuring Anthropic retains control over its decisions The Claude AI assistant, developed by Anthropic, has emerged as a major competitor to Google’s own AI offering, Google Gemini. Image Credit: AFP Google’s substantial $2 billion investment in AI startup Anthropic …

Anthropic, Palantir team up with Amazon to work together in creating AI for the US military
4 months, 2 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: …

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, 2 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’s $4 billion investment in AI startup Anthropic comes under UK scrutiny
7 months, 2 weeks ago

Amazon’s $4 billion investment in AI startup Anthropic comes under UK scrutiny

Live Mint  

U.K. antitrust officials are probing whether Amazon.com’s multibillion-dollar investment in artificial-intelligence company Anthropic poses a threat to competition, the latest foray by European regulators into ties between U.S. tech giants and AI startups. An Amazon spokesperson said the company’s ties to Anthropic didn’t raise any competition concerns or meet the CMA’s own threshold for a review. Amazon doesn’t hold a …

Amazon set to join Big Tec
7 months, 4 weeks ago

Amazon set to join Big Tec

Live Mint  

By Deborah Mary Sophia July 31 - Amazon.com is expected to join Google and Microsoft on Thursday in reporting a surge in capital spending on artificial intelligence as Big Tech companies rush to capitalize on the booming technology. The e-commerce giant's capital investments - mostly for building cloud and generative AI infrastructure - is expected to have risen 43% in …

Google’s partnership with AI startup Anthropic faces scrutiny from UK competition watchdog
7 months, 4 weeks ago

Google’s partnership with AI startup Anthropic faces scrutiny from UK competition watchdog

Associated Press  

LONDON — Britain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry. The Competition and Markets Authority said it’s seeking comments as it considers whether the deal between the two companies has resulted in a “substantial lessening of competition” in the United Kingdom …

Amazon hires execs from Adept AI to push AI efforts
8 months, 3 weeks 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 …

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 becomes the 5th U.S. company to reach $2 trillion in stock market value
9 months ago

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value

NPR  

Amazon becomes the 5th U.S. company to reach $2 trillion in stock market value toggle caption Jenny Kane/AP NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant's stock past that threshold. Amazon now joins Google's parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia …

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time
9 months ago

Amazon joins exclusive club, crossing $2 trillion in stock market value for the first time

Associated Press  

NEW YORK — Amazon joined the exclusive $2 trillion club Wednesday after Wall Street investors pushed the value of the e-commerce giant’s stock past that threshold. Amazon now joins Google’s parent Alphabet, software behemoth Microsoft, iPhone maker Apple and chip maker Nvidia among companies with valuations of at least $2 trillion. Most of the focus has been on business-focused products, …

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

Google To Invest 3 Billion USD To Set Up Data Centres In Indiana Virginia Create Jobs AI Essential Courses
11 months ago

Google To Invest 3 Billion USD To Set Up Data Centres In Indiana Virginia Create Jobs AI Essential Courses

ABP News  

Alphabet-owned Google on Friday announced that it would invest an amount of $3 billion in order to set up a data centre in Indiana and expand sites in Virginia. On Thursday, Amazon's cloud computing arm committed $11 billion toward new data centres in Indiana, US, and creating 1,000 jobs. Google will be spending an amount of around $2 billion for …

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

Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals
11 months, 1 week ago

Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals

India TV News  

When we speak of artificial intelligence, everything is about a smart working ecosystem along with a lot of money. As per Google's AI boss, the company is set to invest more than USD 100 billion in AI development and further aim at maintaining its edge over competitors. However, the pursuit of Artificial General Intelligence – AI capable of human-like reasoning …

Amazon adds Andrew Ng, a leading voice in artificial intelligence, to its board of directors
11 months, 2 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 …

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 2 weeks ago

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’

Hindustan Times  

Google CEO Sundar Pichai said that in the fourth quarter of 2023 Google Cloud was at a $36 billion annual revenue run rate. At the Google Cloud Next event, Sundar Pichai said that Google Cloud is showing progress owing to deep investments that the company has made in Artificial Intelligence. Google and Alphabet Inc. CEO Sundar Pichai talked about the …

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan
11 months, 2 weeks ago

Microsoft to invest $2.9 billion to expand AI, cloud infra in Japan

Hindustan Times  

Microsoft said on Tuesday it would invest $2.9 billion over two years to expand its cloud and AI infrastructure in Japan, the latest in a series of overseas expansions by large tech firms to support the development of artificial intelligence. Microsoft's Azure, Alphabet-unit Google Cloud and Amazon Web Services are the top three cloud computing companies in the world. Server …

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,” …

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival
1 year ago

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival

Hindustan Times  

Amazon founder Jeff Bezos has heavily bet on Perplexity AI, a startup that is taking on the search giant Google. This means that Jeff Bezos' investment has nearly doubled in the company in just a few months as Perplexity AI has reached 10 million monthly active users. In January this year, Perplexity reached 10 million monthly active users and served …

Microsoft faces FTC investigation for its relation with OpenAI, Google, Amazon to be investigated too
1 year, 2 months ago

Microsoft faces FTC investigation for its relation with OpenAI, Google, Amazon to be investigated too

Firstpost  

Alphabet, Amazon, and Microsoft are facing scrutiny from the US Federal Trade Commission regarding their investments and partnerships with artificial intelligence startups Anthropic and OpenAI. The FTC, an antitrust and consumer protection agency, issued subpoenas to gather information, focusing on over $19 billion in investments made by Microsoft, Amazon, and Alphabet’s Google. She asserted, “There is no AI exemption from …

FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership
1 year, 2 months ago

FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We’re scrutinizing whether these ties enable dominant firms …

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, …

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 4 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 …

Google agrees to invest up to $2 bln in OpenAI rival...
1 year, 5 months ago

Google agrees to invest up to $2 bln in OpenAI rival...

Daily Mail  

Google is placing a huge bet on an artificial intelligence start-up whose owners have admitted it could wipe out humanity. Anthropic's CEO and co-founder, Dario Amodei said earlier this week that AI has a '10 to 25 percent' chance of destroying humanity. Google has agreed to invest a whopping $2 billion in an artificial intelligence start-up whose owners have admitted …

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 …

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle
1 year, 6 months ago

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle

The Hindu  

Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said Monday. Amazon and Anthropic said the deal is part of a broader collaboration to develop so-called foundation models, which underpin the generative AI systems that have captured global attention. Under the agreement, Anthropic is making Amazon its …

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle
1 year, 6 months ago

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle

Associated Press  

Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said Monday. Amazon and Anthropic said the deal is part of a broader collaboration to develop so-called foundation models, which underpin the generative AI systems that have captured global attention. Under the agreement, Anthropic is making Amazon its …

Amazon commits up to $4 billion in AI startup anthropic for generative AI advancements
1 year, 6 months ago

Amazon commits up to $4 billion in AI startup anthropic for generative AI advancements

India TV News  

Amazon has announced a substantial investment of up to $4 billion in Anthropic, an artificial intelligence startup, marking its strategic foray into the burgeoning generative AI market. In this partnership, Anthropic will harness the power of Amazon Web Services, employing AWS Trainium and Inferentia chips for the development, training, and deployment of its future foundation models. Amazon CEO Andy Jassy …

Amazon working on a generative AI to help small businesses in India
1 year, 6 months ago

Amazon working on a generative AI to help small businesses in India

The Hindu  

Amazon India is developing a generative artificial intelligence tool called SahAI for its business partners to help them with the backend of any particular product. Still in trial stage, this new generative AI is aimed at breaking barriers and helping many new businesses to come on the marketplace, said Amazon during Sambhav summit in New Delhi on Thursday. Amazon signed …

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