Head over to our on-demand library to view sessions from VB Transform 2023. Register Here Amazon said Monday it will invest up to $4 billion in Anthropic, the company that has built a powerful chatbot called Claude. Claude had emerged as one of the leading competitors against Open AI’s ChatGPT and Google’s Bard, in the […]
Amazon said Monday it will invest up to $4 billion in Anthropic, the company that has built a powerful chatbot called Claude. Claude had emerged as one of the leading competitors against Open AI’s ChatGPT and Google’s Bard, in the race to dominate generative AI. However Claude has not had such a significant backer until now.
The investment was part of a significant partnership announced by the two companies, whereby Anthropic agreed to use Amazon’s cloud platform in return for the investment. The backing is the first major connection by Amazon to a leading chatbot, at a time when cloud competitors Microsoft and Google have already bet big on their respective chatbot platforms.
Microsoft has invested more than $10 billion in Open AI, to secure exclusive rights to offer up OpenAI’s chatbot technology within its own cloud services, including having OpenAI prioritize Microsoft’s Azure cloud platform. Meanwhile, Google has pushed its own Bard chatbot, and Meta has invested in its Llama platform, which it has open-sourced, so that other companies can use Llama’s foundation large language model (LLM) technology.
