Munish Gandhi’s Post

Amazon is making a big AI bet with Anthropic => Here is the scoop We hear that Amazon will invest up to 4 billion in the AI startup Anthropic. At first, they will invest $1.25 billion for a minority stake. In return, Anthropic has made a long-term commitment to provide Amazon Bedrock customers with its foundation model. Also, Anthropic will use the AWS Trainium and Inferentia chips to train its models. Things are getting very interesting in the AI startup scene! #ai #technews #technology #claude #anthropic #aws #amazon #startup Read more here: https://lnkd.in/eBw5aDNG

Amazon invests $4 billion in the San Francisco-based AI company Anthropic. I started drawing some lines between the largest tech companies and their investments in AI startups, but it's not as straightforward as you might imagine. Microsoft's $10 billion investment in OpenAI made headlines a while ago, but Microsoft has also made investments in Anthropic, as has Google. Oracle's $2.2 billion in Cohere sits next to investments from Salesforce and NVIDIA. Google is placing most of its bets on its own platforms, including PaLM 2 and Bard. IBM and Apple are also placing significant bets, even though Apple still disguises its strategy by not even acknowledging the term "AI." If I find a clear map of the relationships between tech giants and AI startups, I'll share it here. Meanwhile, we can conclude that the race is heating up and that big bets are being played.

Amazon has agreed to invest up to $4 bn in the AI startup Anthropic (with initial investments of $1.25 bn), the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google, and Nvidia in the fast-growing sector that many technologists believe could be the next great frontier. Earlier this year Anthropic planned to raise $5 bn in the next two years. Anthropic differentiates itself by using alternative techniques for training AI models which may be more cost efficient, controllable, and better deal with eliminating bias and toxicity. The Company is supported by Google (invested $550 m across multiple rounds) and other leading technology companies like Salesforce and Zoom. The Series-C round was led by Spark Capital and included other leading investors like SV Angels, Menlo Ventures, Sound Ventures, Samsung Ventures and others. The Company is the 2nd largest LLM player focusing on text vertical. The Company has a differentiated approach in building and training its LLM that has a potential to resolve many of the concerns directed to its competitors. Instead of training models with humans reviewing and adjusting the results (Reinforcement Learning with Human Feedback - RLHF) used by most of the models today, it uses so called “Constitutional AI” approach (CAI). CAI is a set of principles embedded into the model for training. The approach gives more transparency to what is happening inside the LLM and enables Anthropic to produce less bias, hallucinations, and harmful responses. In addition, the approach is less costly and time-consuming compared to RLHF and has the potential to provide more flexibility for customers / developers to tailor principles to their own needs. Source: https://lnkd.in/dbzKUZM2

Amazon Boosts AGI Team with Key Hires from AI Startup Adept Amazon has hired key leaders and founders from Adept, a well-funded AI startup, to bolster its Artificial General Intelligence (AGI) team. David Luan, Adept's founder and former CEO, along with co-founders Augustus Odena, Maxwell Nye, Erich Elsen, and Kelsey Szot have joined Amazon. Luan will lead the "AGI Autonomy" team, reporting to Rohit Prasad, who heads Amazon's AGI efforts. Amazon has also licensed Adept's agent technology, multimodal models, and datasets to accelerate its development of digital agents for automating software workflows. Adept will continue to operate independently with its remaining workforce, focusing on agentic AI solutions. This move comes as major tech companies compete to enhance their AI capabilities. It mirrors similar recent hires by Microsoft from Inflection AI. The deal has attracted regulatory attention, with the FTC investigating AI-related agreements between large tech firms and startups. Amazon aims to strengthen its position in the AI race, developing consumer-focused AI chatbots and enhancing its Alexa voice assistant. The acquisition of Adept's talent and technology is expected to significantly advance Amazon's AGI ambitions. #AmazonAGI #AITalentAcquisition #Trendigm #AGI Trendigm | Enabling Innovation

Amazon has agreed to invest up to $4 billion in the AI startup Anthropic, the two firms said, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia in the fast-growing sector that many technologists believe could be the next great frontier. Click below to read more. #AmazonInvestment #AnthropicAI #AIStartup #InvestmentNews #ArtificialIntelligence #AWS #TechRivalry #MachineLearning #Innovation #CloudComputing #AIModels #Microsoft #Meta #Google #TechIndustry #AIResearch #FutureTechnology #DigitalTransformation

AMAZON TO INVEST $4 BILLION IN AI STARTUP, ANTHROPIC Amazon will be investing up to $4 billion in AI startup, Anthropic, as the e-commerce group steps up its rivalry against Microsoft, Meta, Google and Nvidia. According to joint statements, e-commerce group, Amazon, said it will initially invest $1.25 billion for a minority stake in Anthropic, which also operates an AI-powered, text analyzing chatbot. As part of the deal, with an option to increase its investment in Anthropic to a total of $4 billion. Anthropic, which also counts Google as an investor, earlier this month launched its first consumer-facing premium subscription plan of chatbot Claude 2, and indicated plans to build a “frontier model” tentatively called “Claude-Next”, described as 10 times more capable than today’s most powerful AI. It says it’s Claude AI model is safer than rival AI services because it can revise its own responses without human moderation As part of the investment agreement, Anthropic will use Amazon’s cloud giant AWS as a primary cloud provider for mission critical workloads, including safety research and future foundation model development, the e-commerce group said. It will additionally use AWS Trainium and Inferentia chips to build, train, and deploy its future foundation models. Andy Jassy, Amazon chief executive, in a statement said he believes the move can potentially help “improve many customer experiences, short and long-term, through deeper collaboration” with Anthropic. “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.” Anthropic, valued at about $5 billion in May this year, also counts Spark Capital, Salesforce, Sound Ventures, Menlo Ventures and Zoom among its backers. Bamidele Citizen #amazon #anthropic #ai #amazonai

Amazon is offering free credits for startups to use AI! As we strive to encourage the lawful use of AI, this is a great opportunity for startups to gain access to the technology without breaking the bank. and of course it was great Amazon clickbait :-) In Malcolm Gladwell's book Outliers, he mentions how some tech geniuses came from wealthy families that allowed them the time and resources to learn and grow. With Amazon's offer, startups now have the chance to access AI technology and level the playing field.. Let's continue to support and encourage innovation in a way that benefits everyone. Check out the article for more information. Now my security hat, most of the developers, not just for AI but in general running this need lots of data and they are garbage at security. Follow the money what is Amazon getting out of this? I've seen a lot of descriptions of how to use Google's Collab, with stable diffusion, so I know there are people out there connecting from phones to run things in the cloud and that part to me is awesome. Take away morality and a sense of care for the people, through the data you're acting and interacting with, and it is terrifying and should be.... One of my roommates many moons ago, thought about testing AIDS vaccinations on condemned prisoners... I didn't sleep well after that, and I don't know what's happened to him it's a bit terrifying. In the same way, AIs need data, we've seen where entire enterprises are dumping the whole bag in, and the answers they're going to merge are ones where traditional security accesses would log who ask what and what data they retrieved.... I doubt very much that is the same for most of these out of the box AI installs if they have any controls at all.,.. Logging with slow things down, cost money take storage space... At the same time we feed Microsoft Google's and other AIs.... I think I just realized the golden purpose of AI :-) #askanAI have it explain in simple terms the privacy policy and other terms and conditions on most websites :-) Have a great week and be safe

Amazon Invests in Generative AI Startup Yesterday, #Amazon announced a $4 billion investment in #Anthropic, an AI startup that is developing #generativeAI and general AI models. This investment is a sign that Amazon is serious about competing in the growing generative AI market, which is currently dominated by startups like #OpenAI. Amazon is also investing in new chips and services to support generative AI, such as its #AmazonBedrock platform. Bedrock gives developers access to a variety of pre-trained generative AI models, including those from Anthropic. Amazon's investment in Anthropic and its Bedrock platform are clear signs that the company is committed to becoming a leader in generative AI. This investment could shake up the market and lead to new and innovative generative AI applications. [post was generated by #GoogleBard with my basic prompt for testing purposes :) ] https://lnkd.in/gszDaqm5

In an effort to keep pace with Microsoft and Google, Amazon will invest up to $4 billion in the AI startup Anthropic. Anthropic's Claude 2 is an AI model able to respond to large prompts like legal documents. Read more below. #AI #business #tech #englishlearning #onlinelearning #teamgreg https://lnkd.in/dC6tCt_z

 Amazon invests an extra $2.75 billion into AI startup Anthropic. Amazon has announced an additional investment of $2.75 billion in Anthropic, a San Francisco-based artificial intelligence startup, bringing its total investment in the company to $4 billion. This move maintains Amazon's minority stake in Anthropic, which competes with Open AI, the creator of ChatGPT. Swami Siva Subramanian, vice president of data and AI at Amazon Web Services (AWS), the cloud computing subsidiary of Amazon, expressed optimism about the collaboration with Anthropic. He highlighted the potential of generative AI to be a transformative technology and emphasized their strategic partnership to enhance customer experiences. The initial investment of $1.25 billion in Anthropic was made by Amazon in September, with plans to invest up to $4 billion. The collaboration between the two companies focuses on developing foundation models, which are fundamental to generative AI systems. As part of the deal, Anthropic will utilize AWS as its primary cloud provider and leverage Amazon's custom chips for building, training, and deploying AI models. AWS customers, primarily businesses, will gain access to these models through an Amazon service called Bedrock. Amazon noted that companies like Delta Air Lines and Siemens are already utilizing Bedrock to access Anthropos's AI models. This investment reflects the ongoing trend of major tech companies investing in artificial intelligence startups, driven by increasing interest from both the public and businesses in AI technology. However, these investments have also attracted scrutiny from U.S. antitrust regulators earlier this year. . . . #post #reels #trading #forextrading #tradingnews #livenews #newslive #liverpoolnews #startiyapa #official #reelsviral #viralreels #news #newsong #newseason #newstyle #newsingle #sneakernews #newstart #breakingnews #newsupdate #newstore #newshopt . . https://lnkd.in/dVpMCGJU