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Amazon.com Inc. said Monday it will invest up to $4 billion in AI startup Anthropic and take a minority stake in the company in a move aimed at accelerating the development of its future foundation models and making them accessible to customers of its cloud business, AWS.
As part of a new partnership between the two companies, Anthropic will use AWS Trainium and Inferentia chips to build, train and deploy its future foundation models. Foundation models are AI models that are designed to produce a wide and general variety of outputs. They are intended to be capable of a range of tasks and applications, such as text, image or audio generation. The two companies will collaborate to develop future Trainium and Inferentia technology.
AWS will be Anthropic’s primary cloud provider, and the startup will run most of its workload on AWS. Anthropic will make a long-term commitment to provide AWS customers around the world access to future generations of its foundation models and grant them early access to unique features for customization.
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“Customers are quite excited about Amazon Bedrock, AWS’s new managed service that enables companies to use various foundation models to build generative AI applications on top of, as well as AWS Trainium, AWS’s AI training chip, and our collaboration with Anthropic should help customers get even more value from these two capabilities,” Amazon CEO Andy Jassy said in a statement.
Anthropic launched its AI assistant, called Claude, in 2021. Claude is a rival to ChatGPT.
Amazon’s stock
AMZN,
was up 0.8% premarket and has gained 54% to date in 2023, while the S&P 500
SPX
has risen 12.5%.
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