Islamabad, Nov 23: Amazon Increases Investment by $4 Billion in AI Company Anthropic. Amazon is investing an additional $4 billion to strengthen its cooperation with Anthropic, an artificial intelligence business. By doing this, Amazon’s stake in Anthropic is doubled, reaching $8 billion.
The deal names Amazon Web Services (AWS) as Anthropic’s major cloud and training partner, but Amazon is still a minority owner. A significant part of the agreement, as previously revealed by The Information, is that Anthropic construct new foundation models using Amazon’s Trainium and Inferentia AI chips rather than depending on rival Nvidia’s technology.
Additionally, Anthropic will collaborate with Annapurna Labs at Amazon to create Trainium AI accelerator chips of the future.
In their press statement, the business stated the following:
We are strengthening Trainium by contributing to the AWS Neuron software stack and building low-level kernels that enable direct communication with the Trainium silicon through close technical collaboration. In order to maximize the hardware’s computational efficiency which we want to use to train our most sophisticated foundation models our engineers collaborate closely with Annapurna’s chip design team.
Anthropic expects to spend more than $2.7 billion by the end of the year. The business has secured significant resources to fight with competitors like OpenAI in the quickly changing AI field, thanks to $9.7 billion in fundraising rounds in the past and an extra $4 billion from Amazon.
In addition to expanding the market for its AWS AI chips, this helps Amazon lessen its dependency on Nvidia, which has previously asserted that its AI chip division makes it the most valuable company in the world.
