Amazon doubles down on AI startup Anthropic with $4 billion investment

Quick Summary:

The startup also uses Alphabet's Google Cloud services as part of its operations.

Nvidia currently dominates the market for AI processors and counts Amazon among its long list of so-called hyperscaler customers.

Anthropic plans to train and deploy its foundational models on Amazon's Trainium and Inferentia chips.

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Article Details

Category: BusinessFinance

Markets: India

Topics: ChatGPT Artificial intelligence Claude Start-ups Amazon GenAI

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 23:20:01 (12 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 346 words

Reading Time: 2 minutes read

Sentences: 14 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 23768778

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