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☆ Amazon's $4 billion investment in AI firm Anthropic faces U.K. merger investigation
  + stars: | 2024-08-08 | by ( Ryan Browne | ) www.nbcnews.com   time to read: +4 min
LONDON — E-commerce giant Amazon’s multibillion-dollar investment in the U.S. artificial intelligence firm Anthropic is formally being investigated by a U.K. competition regulator. Amazon completed in March a $4 billion investment in Anthropic. As part of the deal Amazon will make Anthropic’s powerful large language models available on its Bedrock platform for building generative AI applications. An Anthropic spokesperson told CNBC: “We are an independent company. The CMA is separately scrutinizing U.S. software giant Microsoft’s multibillion-dollar partnership and investment in AI giant OpenAI.
Persons: Anthropic, Anthropic “, ”, Matt Calkins, Appian, ” Calkins, you’ve, “ Organizations: Markets, CMA, Amazon, CNBC, Microsoft, U.S . Federal Trade Commission, Google, Big Tech Locations: U.S, Anthropic
☆ Britain's Labour faces an uphill battle as it looks to rein in AI's key players
  + stars: | 2024-07-19 | by ( Ryan Browne | ) www.cnbc.com   time to read: +8 min
By taking aim at the most powerful AI models, Labour would impose tighter restrictions on companies such as OpenAI, Microsoft , Google , Amazon , and AI startups including Anthropic, Cohere and Mistral. Matthew Houlihan, senior director of government affairs at Cisco, said any AI rules would need to be "centered on a thoughtful, risk-based approach." Even so, a U.K. AI law would be a step above the U.S., which currently doesn't have federal AI legislation of any kind. Sirion's Liu said one thing he's hoping the government doesn't do, is restrict open-source AI models. Herman Narula, CEO of metaverse venture builder Improbable, agreed that restricting open-source AI innovation would be a bad idea.
Persons: Keir Starmer's, King Charles III, doesn't, Starmer's, Matt Calkins, Appian, Lewis Liu, Liu, Rishi Sunak, Peter Kyle, Kyle, Zahra Bahrololoumi, Matthew Houlihan, Bill, Chris Holmes, Holmes, Matthew Holman, Cripps, Holman, Sirion's Liu, Herman Narula, Narula Organizations: Future Publishing, Labour, European Union, Microsoft, Google, CNBC, Conservative, BBC, AI Safety Institute, Cisco, Authority, EU, AI Safety, Tech, London Tech Week Locations: Jiangsu province, China, Ireland, Salesforce, U.S
☆ Big Tech goes on AI charm offensive in Europe as regulators circle
  + stars: | 2024-05-23 | by ( Ryan Browne | ) www.cnbc.com   time to read: +6 min
It's worth noting that their comments come as the world's first major law governing AI, the EU's AI Act, was given the final greenlight. Meanwhile, European Commissioner Thierry Breton, a major architect of rules around Big Tech, is set to speak later in the week. Vogels, who is tasked with driving technology innovation within Amazon , said that AI can be used to "solve some of the world's hardest problems." Manyika said Google open-sourced its watermarking tech so that any developer can "build on it, improve on it." "I am concerned that there is potential for monopolies to emerge around Big Tech and AI," he said.
Persons: Rafael Henrique, Lightrocket, Werner Vogels, Society James Manyika, Thierry Breton, Vogels, Manyika, it's, Google's, Gemma AI, Emmanuel Macron, Eric Schmidt, Yann LeCun, Macron, Matt Calkins, Appian, Calkins Organizations: Getty, France —, Viva Tech, Amazon Chief, Google, Technology, Society, Regulators, Big Tech, European Union, Microsoft, Amazon, Meta, Elysee, CNBC Locations: PARIS, France, Paris, Jakarta, Indonesia, View , California, U.S
☆ Big Tech is eating as much data as it can to win in AI — but it's not 'winner takes all,' CEO says
  + stars: | 2024-05-08 | by ( Ryan Browne | ) www.cnbc.com   time to read: +4 min
Matt Calkins, CEO and co-founder of Appian, said that though internet giants like Microsoft , Amazon , and Google are spending billions on the tech, ensuring success in AI is "not just about money." "AI is not a place where money makes more money," Calkins told CNBC in an interview at its London bureau on Tuesday. Microsoft has struck a similar deal with Mistral, taking a 15 million euro ($16 million) stake in the French AI firm. Separately, Amazon has invested a whopping $4 billion into U.S. AI firm Anthropic, which is behind the Claude AI system. "The best AI will be the AI you put your data into, not whoever bought the biggest stack," he said.
Persons: Matt Calkins, Appian, Calkins, Sam Altman, Altman, Claude, you've, —, Sundar Pichai Organizations: Microsoft, Google, CNBC, Mistral, Amazon, OpenAI, Anthropic, British Locations: London, OpenAI, Redmond, Washington, French, Anthropic, Europe
☆ The world is splitting between those who use ChatGPT to get better, smarter, richer — and everyone else
  + stars: | 2023-12-01 | by ( Beatrice Nolan | ) www.businessinsider.com   time to read: +6 min
There is growing evidence that artificial intelligence tools such as ChatGPT can make you more efficient and capable at work. And the effect will be particularly noticeable if no one else in the company is using AI in this way. All said that outsourcing time-consuming, small jobs to AI tools freed up their time. AI at work still needs careful handlingThere are obvious caveats to using AI to do your work for you. Some companies also have specific rules for AI tools due to fears around copyright or data security.
Persons: ChatGPT, —, OpenAI's, techies, Google's, Matt Calkins, Appian, It's, Shakespeare, Shona Ghosh Organizations: Service, Harvard Business School, Boston Consulting, Developers, Microsoft, Workers
☆ Want a family activity this holiday? A CEO who designs board games as a hobby has 2 suggestions.
  + stars: | 2023-11-24 | by ( Shona Ghosh | ) www.businessinsider.com   time to read: +5 min
Calkins also owns "maybe 800" board games, and designs his own. AdvertisementAnyone who suffered through Monopoly growing up may associate family board game sessions with intergenerational tension, boredom, and despair. In his off-hours, the chief executive sometimes delves into his collection of around 800 board games and regularly challenges his own employees to a match. Matt Calkins' board games: Charioteer, Sekigahara, and Tin Goose. Matt CalkinsApart from his own, these are the two family-friendly games Calkins recommends, plus some bonus recommendations.
Persons: Matt Calkins, Appian, Calkins, —, it's Organizations: Service, Monopoly, Appian, Hasbro, Elon Locations: Japan, Sekigahara
☆ I expect to see automation do well in the next year, says Appian CEO Matt Calkins
  + stars: | 2022-11-28 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI expect to see automation do well in the next year, says Appian CEO Matt CalkinsMatt Calkins, Appian CEO, joins 'TechCheck' to discuss what investors are learning about cloud and enterprise spending in the current environment, who is best positioned right now and how consumption-based cloud models fare in economic downturns.
☆ It's possible to deploy capital without being profitable, says Appian CEO
  + stars: | 2022-09-19 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailIt's possible to deploy capital without being profitable, says Appian CEOMatt Calkins, Appian CEO, joins 'TechCheck' to discuss what he's investing in right now, why Appian is hiring faster and whether companies need to be profitable before finding opportunity in this market.
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