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#AI #AMZN

With Bedrock, Amazon enters the generative AI race

AWS today unveiled Amazon Bedrock, which provides a way to build generative AI-powered apps via pretrained models from startups including AI21 Labs, #Anthropic and Stability AI. Available in a “limited preview,” Bedrock also offers access to Titan FMs (foundation models), a family of models trained in-house by AWS.

With Bedrock, AWS customers can opt to tap into AI models from a variety of different providers, including AWS, via an API. The details are a bit murky — Amazon hasn’t announced formal pricing, for one. But the company did emphasize that Bedrock is aimed at large customers building “enterprise-scale” AI apps, differentiating it from some of the AI model hosting services out there, like Replicate (plus the incumbent rivals Google Cloud and Azure).

TechCrunch

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Some stock news...

#AAPL. Apple invites media to WWDC 2023 keynote, where AR headset is expected to debut. June 5.

If a VR/AR headset is unveiled at the conference, it could launch a corresponding narrative... Some connect the recent #RNDR growth to this very event... We'll see…

#AI. Bill Gates says A.I. could kill Google Search and Amazon as we know them.

The technology could radically alter user behaviors, resulting in people never needing to visit a search website again, use certain productivity tools or shop on Amazon, he said.

#vc. Google-backed #Anthropic raises $450 mln in latest AI funding

Anthropic, founded by former OpenAI executives, said its AI systems are safe because they would not tell users how to build a weapon or use racially biased language. Its Claude models are seen as major competitors to OpenAI's GPT-4 as enterprises host events to test models.

#justice. #META fined reciorf $1.3 bln over data transfers to US

AAPLBill GatesAnthropicMETA

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Newsmaker.сlub
Some stock news... → #AAPL. Apple invites media to WWDC 2023 keynote, where AR headset is expected to debut. June 5. If a VR/AR headset is unveiled at the conference, it could launch a corresponding narrative... Some connect the recent #RNDR growth to this…
#Anthropic #AMZN #AI

Amazon to Invest up to $4B in AI Firm Anthropic

The agreement is part of a broader collaboration to develop the most reliable and high-performing foundation models in the industry.

AWS will become Anthropic’s primary cloud provider for mission critical workloads, providing our team with access to leading compute infrastructure in the form of AWS Trainium and Inferentia chips, which will be used in addition to existing solutions for model training and deployment.

As part of the investment, Amazon will take a minority stake in Anthropic.

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Also:

#FTX invested $500M in Anthropic before the ChatGPT hot. In theory, FTX should sell the shares for more than $500M.

*Anthropic is an American AI startup and public-benefit corporation, founded by former members of OpenAI. Claude 2 [chat-GPT rival] was launched in July 2023, and is available in US and UK.

AnthropicCNBCWSJ

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#FTX #Anthropic

ANTHROPIC WEIGHS SLATE OF SOVEREIGN WEALTH FUNDS TO ACQUIRE FTX'S +$1B STAKE

As bankers line up a group of potential new Anthropic backers, the company has ruled out taking money from the Saudis.

FTX bought the shares three years ago for $500 million. The 8% stake is now worth more than $1 billion due to the recent boom in AI.

CNBC

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#FTT #FTX

FTX to Sell Two-Thirds of #Anthropic Stake for $884 Million

FTX has struck $884 million in deals with two dozen buyers, including an Abu Dhabi investor, to sell most of its shares in Anthropic.

WSJ

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