Amazon finalises $4bn GenAI investment in Anthropic
- Thursday, March 28th, 2024
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Amazon has concluded its $4 billion investment in Anthropic, adding $2.75 billion to complete the deal in the generative AI (GenAI) company, which it acquired a minority stake in last year.
As a result, the ecommerce giant is now Anthropic’s primary provider primary cloud provider for mission-critical workloads, including safety research and future foundation model development.
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Meanwhile, Anthropic made a long-term commitment to provide AWS customers around the world with access to future generations of its foundation models on Amazon Bedrock.
AWS VP of Data and AI, Dr Swami Sivasubramanian, said: “We have a notable history with Anthropic, together helping organisations of all sizes around the world to deploy advanced generative artificial intelligence applications across their organisations.
“Anthropic’s visionary work with generative AI, most recently the introduction of its state-of-the-art Claude 3 family of models, combined with Amazon’s best-in-class infrastructure like AWS Tranium and managed services like Amazon Bedrock further unlocks exciting opportunities for customers to quickly, securely, and responsibly innovate with generative AI.
“Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customer’s experiences, and look forward to what’s next.”