Monday, April 01, 2024

Amazon AI: Olympus + Anthropic

 Amazon builds Olympus AI model to compete with Anthropic, OpenAI - The Verge

"With its multibillion-dollar bet on Anthropic and its forthcoming Olympus model, Amazon is pushing hard to be a leader in AI.

Amazon completed the second phase of a deal announced last September, when it committed to investing up to $4 billion in OpenAI rival Anthropic. The additional $2.75 billion invested is Amazon’s largest check ever into another company and yet another signal of how critical the development of large language models has become to Big Tech."
Anthropic has meanwhile agreed to spend $4 billion on AWS over the next several years.


so technically Amazon & Microsoft are giving money to startups to "rent back" their own infrastructure.

and at the same time doing some in-house development...

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