Amazon has taken a major step forward in its AI strategy with a $2.75 billion investment in Anthropic.
The move brings Amazon’s total investment in the company to approximately $4 billion as the company aims to be one of the world’s leading forces in the increasingly important AI tools sector.
Amazon had previously poured $1.75 billion into the company in September 2023, acquiring a minority stake in Anthropic as a bonus, and has now exercised its option for further investment, clearly having made sufficient progress in that time to justify further spending justify.
Anthropic deal with Amazon
In a rackthe two companies noted that the work they are doing to try to bring generative AI technology to companies around the world is “just beginning.”
The deal will see Anthropic use Amazon Web Services (AWS) as its primary cloud provider, as well as AWS Trainium and Inferentia chips to build, train and deploy future models.
Anthropic has also pledged to offer AWS customers access to future generations of its base models on Amazon Bedrock, unlocking the most advanced AI features and tools for businesses around the world.
Amazon had announced earlier this month that Anthropic’s latest Claude 3 family of models, said to outperform GPT-4, would be made available on Bedrock, highlighting the level of collaboration between the two companies.
“We have a remarkable history with Anthropic, working together to help organizations of all sizes around the world deploy advanced generative artificial intelligence applications in their organizations,” said Dr. Swami Sivasubramanian, Vice President of Data and AI at AWS .
“Anthropic’s visionary work with generative AI, most recently the introduction of the state-of-the-art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock, unlocks even more exciting opportunities for customers to quickly, to innovate safely and responsibly with generative AI.”
“Generative AI is poised to become the most transformational technology of our time, and we believe our strategic partnership with Anthropic will further enhance our customers’ experiences, and look forward to the future.”
AWS and Anthropic also teamed up with Accenture earlier this year, forming a partnership aimed at facilitating the responsible integration of custom AI models.