Amazon said that it would be investing a further $2.7bn in the company which will bring its total investment to over $4bn and will maintain a minority stake in San Francisco-based company.
Commenting on the news of this further investment Swami Sivasubramanian, vice-president of data and AI at AWS, the company’s cloud-computing subsidiary, said that as generative AI was poised to be the most transformational technology of our time, the company’s strategic collaboration with Anthropic would help to improve customers’ experiences.
It’s certainly an exciting time to be in AI and the two companies are working together to develop foundational models, which underpin generative AI systems.
This agreement will see Anthropic use AWS as its “primary” cloud provider and it will start to use Amazon’s custom chips to build, train and deploy AI models.
AWS customers will have access to AI models on an Amazon service called Bedrock and a host of leading companies are already signed up.
This news highlights what is a growing trend within the sector which is seeing the world’s largest tech companies investing heavily in AI and the companies that are driving innovation in this space.
There is certainly a growing interest, and a degree of wariness, about these investments with regulators increasingly taking note of what’s happening in the sector.
In fact, earlier this year, antitrust regulators in the US said that they would be reviewing these types of investments.
Amazon’s move with Anthropic simply adds to the list.
