Space Industry and Business News
TECH SPACE
Amazon invests another $4 bn in AI firm Anthropic
Amazon invests another $4 bn in AI firm Anthropic
by AFP Staff Writers
San Francisco (AFP) Nov 22, 2024

Amazon is doubling its investment in Anthropic to $8 billion in a deepened collaboration on artificial intelligence, the companies said Friday.

The e-commerce and technology behemoth will remain a minority investor in Anthropic, having pumped an initial $4 billion into the artificial intelligence developer late last year and becoming its primary cloud computing provider.

"The response from AWS customers who are developing generative AI applications powered by Anthropic in Amazon Bedrock has been remarkable," said Matt Garman, chief of AWS cloud computing division.

"We'll keep pushing the boundaries of what customers can achieve with generative AI technologies."

Amazon is investing the additional $4 billion in Anthropic as part of an expanded alliance that includes working together on "Trainium" hardware to optimize machine learning, according to the companies.

"We're looking forward to working with Amazon to train and power our most advanced AI models using AWS Trainium, and helping to unlock the full potential of their technology," said Anthropic chief executive Dario Amodei.

The announcement came just days after Britain's competition regulator cleared Google-parent Alphabet's investment in Anthropic, following a probe.

The Competition and Markets Authority concluded that the big tech giant had not acquired "material influence" over Anthropic as a result of the deal, which was reported to have cost $2 billion.

The British regulator is one of several global regulators concerned with reining in big tech companies and their partnerships with AI firms.

In September, the CMA cleared Amazon's initial investment in Anthropic, saying it did not believe that "a relevant merger situation has been created."

Related Links
Space Technology News - Applications and Research

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TECH SPACE
Oldest alphabetic writing found in ancient Syrian tomb
Los Angeles CA (SPX) Nov 21, 2024
Etched onto small clay cylinders, researchers from Johns Hopkins University have uncovered what could be the earliest known alphabetic writing in human history. The artifacts, excavated from a tomb in Syria, date back to around 2400 BCE - approximately 500 years earlier than previously identified alphabetic scripts. The discovery challenges existing theories about the origins and spread of alphabetic writing, offering new perspectives on communication in early urban civilizations. "Alphabets ... read more

TECH SPACE
Amazon invests another $4 bn in AI firm Anthropic

Tunable ultrasound propagation in microscale metamaterials

Oldest alphabetic writing found in ancient Syrian tomb

mmt and Quadsat join forces to offer advanced satellite emulation and RF calibration services

TECH SPACE
Fleet Space Centauri 6 advances resilient SATCOM for defence

SpaceX launches secret 'Optus-X' payload atop Falcon 9 rocket

Fort Detrick Maryland chosen as permanent site for Wideband Military SATCOM training

Momentus secures contract for HALO Prototype from SDA

TECH SPACE
TECH SPACE
Space Systems Command and U.S. Navy achieve major MGUE program milestone

N. Korea jams GPS signals, affecting ships, aircraft in South

Successful demo showcases BAE Systems' next-gen M-Code GNSS technology

BeiDou remote sensing experiment enhances ecological monitoring in Yellow River

TECH SPACE
Near Space Labs launches nationwide 7cm resolution stratospheric imaging network

Flights to Bali resume following volcanic eruption

Electra unveils EL9 ultra short hybrid-electric aircraft design

NASA funds new studies looking at future of sustainable aircraft

TECH SPACE
Photon qubits advance quantum computing without error correction techniques

Rocket Lab secures $23.9M CHIPS Award to boost semiconductor production

Nvidia CEO says will balance compliance and tech advances under Trump

Japan ramps up tech ambitions with $65 bn for AI, chips

TECH SPACE
Ascending Node and Pinkmatter join forces to enhance earth observation imaging

Sentinel-1C prepared for launch following successful fuelling

China and Brazil advance joint efforts on seventh satellite

Extreme heat disrupts land's carbon absorption abilities

TECH SPACE
'Moment of truth' for world-first plastic pollution treaty

Greece pushes green transition on its fragile islands

Mounting economic costs of India's killer smog

Illegal farm fires fuel Indian capital's smog misery

Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.