00:00 E-commerce giant Amazon, on Monday said it will invest up to $4 billion in artificial
00:06 intelligence firm Anthropic and take a minority ownership position in the company.
00:13 The move underscores Amazon's aggressive AI push as it looks to keep pace with rivals
00:17 such as Microsoft and Alphabet's Google.
00:23 Anthropic was founded roughly two years ago by former open AI research executives and
00:28 recently debuted its new AI chatbot called Clawed2.
00:33 Amazon is looking to capitalize on the hype and promise of so-called generative AI, which
00:37 includes technology like OpenAI's ChatGap, as well as Anthropic's Clawed chatbots.
00:44 The two firms on Monday said that they are forming a strategic collaboration to advance
00:49 generative AI, with the startup selecting Amazon Web Services as its primary cloud provider.
00:57 Anthropic said it will provide AWS customers with early access to unique features for model
01:02 customization and fine-tuning capabilities.
01:06 Anthropic will also use CustomOS-designed semiconductors to train the foundational models that underpin
01:12 its AI applications.
01:15 Foundation models are large AI programs trained on vast amounts of data so that they can be
01:19 adapted to solve a wide range of tasks.
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