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Happy Friday from the Building Startups Newsletter :)Let’s dive right in👇🏼Amazon’s $4 Billion Bet on AnthropicPhoto by Noah Berger/Getty Images for Amazon Web ServicesBig Tech updates continue to prove how critical developing large language models has become. San-Francisco based AI startup Anthropic has become the recipient of a hefty $2.75 billion cheque from Amazon, allegedly the biggest in the company’s history!This investment is a follow-up on the initial $1.25 billion it invested in Anthropic in September last year, bringing the entire investment to $4 billion.The reason? Anthropic is the most promising alternative that exists to Microsoft, Amazon’s primary cloud rival. Moreover, according to the LMSYS Chatbot Arena that relies on human votes, their AI model and chatbot Claude has outperformed OpenAI’s GPT-4, bringing the latter to the 2nd place for the first time since its launch!Image Credits: @Lmsysorg on XIt’s also interesting to note that all three versions of Claude 3 have m...
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Ajay Yadav
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