Investing.com - E-commerce giant Amazon (NASDAQ:AMZN) announced Monday that it will invest up to $4 billion in artificial intelligence firm Anthropic and take a minority ownership position in the company.
The move underscores Amazon's aggressive AI push as it looks to keep pace with rivals such as Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL).
Anthropic was founded about two years ago by former OpenAI research executives and recently unveiled its new AI chatbot called Claude 2.
The two companies are joining in a strategic partnership to advance generative AI, and the startup will select Amazon Web Services as its primary cloud provider. The core models are large artificial intelligence programmes trained on large amounts of data so they can adapt to solve a wide range of tasks, CNBC reports.
"We have tremendous respect for Anthropic's team and core models, and believe we can help improve many customer experiences, in the short and long term, through our deeper collaboration," explains Andy Jassy, Amazon's chief executive, in the company's statement.
"Customers are very excited about Amazon Bedrock, AWS's new managed service that enables businesses to use various core models to build generative AI applications in addition to AWS Trainium, AWS's AI training chip, and our collaboration with Anthropic should help customers get even more value from these two capabilities," he adds.
Translated from Spanish using DeepL.