9621 Agnes Crossing, Lake Suzanneview, New Mexico Island 84604-9295.
American company Amazon announced that it will invest up to $4 billion in cash in the famous startup Anthropic, which is trying to compete with other players in
This was reported by Reuters, as reported by Ukrinform.
The immediate investment will be $1.25 billion, the CEOs of Amazon’s cloud division and Anthropic said in a joint interview.
At the same time, each party will have the authority to withdraw an additional $2.75 billion from Amazon.
But the parties declined to disclose how much stake Amazon owns in Anthropic or to provide an updated valuation of the startup, which was last valued at more than $4 billion.
Amazon Web Services CEO Adam Selipsky said the deal will help develop Anthropic’s models as well as its “AI-based chip technology and infrastructure.”
Anthropic CEO Dario Amodei said his company “is funded in a way that allows it to prioritize security” and “continues to expand its AI models.”
Anthropic was founded by former OpenAI executives. It is one of a number of companies developing systems called generative artificial intelligence that can create content as if it were created by a human. Anthropic is committed to ethical values ​​when working with artificial intelligence.
As reported by Ukrinform, American Amazon has presented an updated version of its voice assistant Alexa, which will strengthen the company’s position in the race for artificial intelligence in the technology industry.
Source: Ukrinform
As an experienced journalist and author, Mary has been reporting on the latest news and trends for over 5 years. With a passion for uncovering the stories behind the headlines, Mary has earned a reputation as a trusted voice in the world of journalism. Her writing style is insightful, engaging and thought-provoking, as she takes a deep dive into the most pressing issues of our time.
