Mon. 09/25 – Amazon Makes A Big Bet On Anthropic

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4.7 • 1K Ratings

🗓️ 25 September 2023

⏱️ 21 minutes

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Summary

Amazon makes a big bet on Anthropic. A big DeFi hack. The US government is weighing a sort of “know your customer” rule for big cloud providers. OpenAI has rolled out some cool new ways to interact with their AI. And why the number of smartphone brands around the world has basically collapsed. Sponsored: NPR Planet Money Zbiotics.com/ride and code: ride Links: Amazon to invest up to $4bn in AI start-up Anthropic (Financial Times) Defi Project Mixin Network Suspends Services After $200 Million Crypto Hack (Bloomberg) Booking to appeal after EU vetoes $1.7 bln ETraveli deal (Reuters) White House could force cloud companies to disclose AI customers (Semafor) You can now prompt ChatGPT with pictures and voice commands (The Verge) WGA and the studios reach tentative deal to end writers’ strike (Los Angeles Times) Nearly 500 Brands Exited Smartphone Market During 2017-2023 (Counterpoint) Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	Welcome to the Tech Meme Bread Home from Monday, September 25th,
0:07.0	2023, I'm Brian McCullough today.
0:09.1	Amazon makes a big bet on Anthropic, a big Defe-Fi hack. The US government is weighing a big cool new ways to interact with their AI and why the number of smartphone brands
0:24.4	around the world has basically collapsed. Here's what you miss today in the world
0:27.6	of tech.
0:38.0	Amazon is investing up to 4 billion dollars in Anthropic with an initial investment of 1.25 billion for a minority stake in the AI startup but also with an option to increase
0:45.0	their total investment to four billion dollars.
0:47.3	Quoting the Financial Times, it is a bid to forge a close relationship with a
0:52.1	prominent AI startup akin to Microsoft's
0:54.2	alliance with Open AI, the group behind ChatGPT.
0:57.9	As part of the agreement, Anthropic will use Amazon's cloud computing platform and its
1:01.8	dedicated AI chips to create its models.
1:04.8	AI startups have become locked in an arms race to secure the costly chips and the data
1:08.8	center resources necessary to build the latest AI systems called large language models.
1:13.8	Anthropic was last valued at nearly $4 billion in a funding round earlier this year
1:17.8	according to a person familiar with the terms.
1:19.9	It is one of the top competitors to Open AI, raising huge sums this year,
1:24.2	including Inflection AI, which raised $1.3 billion from Microsoft and NVIDIA,
1:28.8	and Toronto-based Cohere, which raised 270 million dollars from
1:32.8	NVIDIA and others.
1:34.4	The startup's new alliance with Amazon Web Services
1:36.9	appeared to be a shift away from Google,
	...

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