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

Tweet

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
World reaches $300 bn climate finance deal at COP29

Developing nations slam 'paltry' $300 bn climate deal

Biden praises COP29 deal, vows US action despite Trump

Climate finance's 'new era' shows new political realities

TECH SPACE
A nonflammable battery to power a safer, decarbonized future

Quantum-inspired design boosts efficiency of heat-to-electricity conversion

Engineers develop additive for affordable renewable energy storage

ODS FeCrAl alloys show durability in liquid metal flow at fusion reactor temperatures

TECH SPACE
Sweden blocks 13 offshore wind farms over defence concerns

Sweden's defence concerned by planned offshore wind power

On US coast, wind power foes embrace 'Save the Whales' argument

Renewables revolt in Sardinia, Italy's coal-fired island

TECH SPACE
Perovskite advancements improve solar cell efficiency and longevity

MIT, Harvard and Mass General lead 408 MW green energy push

Stability of perovskite solar cells boosted with innovative protective layer

New initiative empowers Native American women with solar training

TECH SPACE
Cheers, angst as US nuclear plant Three Mile Island to reopen

Argonne evaluates small modular reactors for Ukraine's economic recovery

Framatome's PROtect fuel achieves key milestone at Gosgen Nuclear Plant in Switzerland

Framatome and Nuclearelectrica partner to produce Lutetium-177 in Romania

TECH SPACE
Turning emissions into renewable methane fuel

Turning automotive engines into modular chemical plants to make green fuels

Sacred cow: coal-hungry India eyes bioenergy to cut carbon

Waste heat from London sewers eyed to warm UK parliament

TECH SPACE
Russia gave N. Korea oil, anti-air missiles in exchange for troops: officials

Concern as climate talks stalls on fossil fuels pledge

Russian ruble hits lowest level against dollar since March 2022

Spin-powered crystals enable efficient hydrogen production

TECH SPACE
At climate talks, painstaking diplomacy and then anger

Crunch time: What still needs to be hammered out at COP29?

As Trump returns, China seizes chance for climate mantle

Redefining net zero will not prevent global warming scientists warn