{"id":162421,"date":"2023-09-25T19:08:23","date_gmt":"2023-09-25T13:38:23","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=162421"},"modified":"2023-09-25T19:08:23","modified_gmt":"2023-09-25T13:38:23","slug":"amazon-invests-4-billion-anthropic-ai-startup-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/amazon-invests-4-billion-anthropic-ai-startup-crypto-news\/","title":{"rendered":"Amazon invests $4 billion Anthropic AI startup &#8211; Crypto News"},"content":{"rendered":"<div data-v-ff33fc9a=\"\">\n<p>Amazon and artificial intelligence (AI) startup Anthropic have <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AnthropicAI?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor\">announced<\/a> a new investment agreement to aid the research and development of new high-performing foundation models.\u00a0<\/p>\n<p>In a post on X, formerly Twitter, Anthropic revealed that Amazon has invested $4 billion in its work, while receiving access to Amazon cloud services (AWS) Trainium and Inferentia chips. <\/p>\n<p>It said it will be offering in return \u201cenhanced support\u201d of Amazon Bedrock, which produces foundation models, with &#8220;secure model customization and fine-tuning&#8221; for businesses. Amazon teams will also be able to use Bedrock to build on Anthropic\u2019s models. <\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Our agreement provides Anthropic with access to <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/awscloud?ref_src=twsrc%5Etfw\">@awscloud<\/a> Trainium and Inferentia chips. We\u2019ll also offer enhanced support of Amazon Bedrock with secure model customization and fine-tuning for businesses.<\/p>\n<p>\u2014 Anthropic (@AnthropicAI) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/AnthropicAI\/status\/1706202967396044909?ref_src=twsrc%5Etfw\">September 25, 2023<\/a><\/p><\/blockquote>\n<p>Additionally, through the deal Amazon is reported to be taking a \u201cminority stake\u201d in Anthropic. The latter said this has caused no disruption in its governance.\u00a0<\/p>\n<blockquote><p>\u201cAs outlined in this policy, we will conduct pre-deployment tests of new models to help us manage the risks of increasingly capable AI systems.\u201d<\/p><\/blockquote>\n<p>The AI startup was formed by former members of the Microsoft-backed OpenAI, the creator of the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/banana-gun-failed-contract-passed-audits-but-chat-gpt-found-the-bug-in-seconds\">viral AI chatbot ChatGPT.<\/a><\/p>\n<p><strong><em><u>Related: <\/u><\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/anthropic-cracks-open-the-black-box-to-see-how-ai-comes-up-with-the-stuff-it-says\"><strong><em>Anthropic cracks open the black box to see how AI comes up with the stuff it says<\/em><\/strong><\/a><\/p>\n<p>This latest development comes shortly after Anthropic announced an investment of $100 million from the South Korean <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/anthropic-ai-raises-100m-from-south-korea\">telecommunications giant SK Telecom<\/a> back in August.\u00a0<\/p>\n<p>That investment followed a collaboration between Anthropic and SK Telecom to develop a multilingual large language model (LLM) for the latter\u2019s Telco AI Platform.<\/p>\n<p>Anthropic has also recently been a part of major movements within the AI community. In July it joined Google, OpenAI, Microsoft and others in the <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/google-openai-microsoft-form-frontier-model-forum-to-regulate-ai-development\">formation of the \u201cFrontier Model Forum<\/a>,\u201d which was created in order to self-regulate the development of from the inside. <\/p>\n<p>It has also been a part of initiatives led by the United States government relating to AI development and regulation, including<a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/news\/us-launches-ai-challenge-to-strengthen-critical-infrastructure\"> a cybersecurity challenge<\/a> to help strengthen its \u201ccritical infrastructure.\u201d <\/p>\n<p><strong><em>Magazine: \u2018<\/em><\/strong><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/cointelegraph.com\/magazine\/ai-killed-translation-industry-easytranslate-boss-change-human-jobs\/\"><strong><em>AI has killed the industry\u2019: EasyTranslate boss on adapting to change<\/em><\/strong><\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Amazon and artificial intelligence (AI) startup Anthropic have announced a new investment agreement to aid the research and development of new high-performing foundation models.\u00a0 In a post on X, formerly Twitter, Anthropic revealed that Amazon has invested $4 billion in its work, while receiving access to Amazon cloud services (AWS) Trainium and Inferentia chips. It [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":162422,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[235,203,210,234,231,232,237,238,236,233],"class_list":["post-162421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blockchain","tag-bitcoin","tag-crypto-currency","tag-elon-musk","tag-ethereum","tag-hyperledger","tag-ibm","tag-mining","tag-nodes","tag-spacex","tag-tesla"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/162421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=162421"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/162421\/revisions"}],"predecessor-version":[{"id":162424,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/162421\/revisions\/162424"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/162422"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=162421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=162421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=162421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}