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Supervisor Elham AbolFateh
Editor in Chief Mohamed Wadie

Amazon to Invest up to $4 Bln in AI Startup Anthropic


Mon 25 Sep 2023 | 11:28 PM
Israa Farhan

On Monday, Amazon announced a significant investment of up to $4 billion in the American artificial intelligence company, Anthropic, which is developing a competitor to the renowned "GPT" program, accelerating the global race in AI technologies.

Through this partnership, the e-commerce and cloud computing giant will acquire a minority stake in Anthropic, the creator of "Claude," an AI chatbot that rivals OpenAI's famous "GPT" AI tool.

Similar to OpenAI, Anthropic is at the forefront of AI tool development, alongside technology behemoths like Google and Microsoft.

Their artificial intelligence, known as "generative AI," can create original content based on vast datasets.

It provides a user interface for individuals to ask questions or make requests for written text, music, images, or code.

With this agreement, Amazon aims to bolster its presence in this rapidly advancing sector, drawing the attention of internet giants and investors alike. 

While numerous companies are keenly interested in artificial intelligence, they still rely on cloud computing giants like Microsoft, Amazon Web Services (AWS), or Google for the necessary computational capabilities to harness this technology.

This strategic investment signifies Amazon's commitment to staying at the forefront of AI innovation, ensuring it remains competitive in the rapidly evolving tech landscape. 

As artificial intelligence continues to reshape industries and redefine user experiences, Amazon's move into Anthropic demonstrates its commitment to remaining at the forefront of technological innovation.