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Amazon to invest up to $4 billion in Anthropic, a rival to ChatGPT developer OpenAI

  • Amazon is investing up to $4 billion in the startup Anthropic to compete with cloud rivals on artificial intelligence. This investment is a response to challenges from Microsoft and Google, who have developed powerful AI technologies.
  • Anthropic is a generative AI company, developing systems that can create content like a human. Amazon's customers will benefit from this investment, gaining early access to features that allow customization of AI. Anthropic will make Amazon its primary cloud computing service and use Amazon's custom chips for training and deploying its AI systems.
  • The investment in Anthropic highlights the trend of major tech companies investing in AI technology, as they look to capitalize on its potential. The collaboration between Amazon and Anthropic aims to develop foundation models that underpin generative AI systems, further capturing global attention.
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Winnipeg Free Press broke the news in Winnipeg, Canada on Monday, September 25, 2023.
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