Amazon recently announced that it will invest up to $4 billion in Anthropic, one of the buzzy startups building a generative AI chatbot. With the deal, Anthropic secures a major investment from a second Big Tech company, after already receiving $300 million from Google at the end of last year. Google’s investment, which wasn’t reported at the time, gave Google an estimated 10% stake in the company.
In its latest fundraising round in May, Anthropic was valued at nearly $5 billion, according to TechCrunch. An updated valuation was not disclosed for Amazon’s most recent investment nor details about the size of its minority stake.
Amazon becomes the latest major player to invest in up-and-comers in the generative AI world, after ChatGPT maker OpenAI received $13 billion from Microsoft.
Amazon will invest $1.25 billion up front with the possibility for another $2.75 billion later, for a potential total of $4 billion. Amazon declined to provide further details about the deal’s structure.
In our interview with cofounder and CEO Dario Amodei, he lays out his three-tiered fear model in response to a question by Jeremy Kahn about the existential risks posed by A.I. that has safety concerns that even Sam Altman is worried about.
00:00 - Leaving OpenAI To Form Anthropic
00:57 - Creating Claude
03:26 - Setting Constitutional AI
06:18 - Data Privacy And Storage Concerns
07:10 - Government Regulations
08:26 - AI In Robots
09:48 - Existential Risk
11:27 - Open-Source Models
12:29 - Climate Impact
13:24 - AI Risks
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