Anthropic raises an additional $4B from Amazon, makes AWS its ‘primary’ training partner

Quick Summary:

Anthropic, OpenAI’s close rival, has raised an additional $4 billion from Amazon, and has agreed to make Amazon Web Services (AWS), Amazon’s cloud computing division, the primary place it’ll train its flagship generative AI models.

Anthropic has for several months been discussing new funding at a $40 billion valuation, per The Information, and no doubt the pressure was on to clinch something soon.

Amazon insisted that Anthropic use Amazon-developed silicon hosted on AWS to train its AI.

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Article Details

Author / Journalist: Kyle Wiggers

Category: Technology

Markets: United States

Topics: Year Models Last Billion Amazon Says Anthropic Train Investment

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 14:10:05 (14 hours ago)

News Timezone: GMT -5:00

News Source URL: techcrunch.com

Language: English

Article Length: 678 words

Reading Time: 4 minutes read

Sentences: 35 lines

Sentence Length: 20 words per sentence (average)

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Copyright Owner: © TechCrunch

News ID: 23766535

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