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The companies announced an initial $1.25 billion investment in September, and said at the time that Amazon would invest up to $4 billion. The deal was struck at the AI startup's last valuation, which was $18.4 billion, according to a source. Over the past year, Anthropic closed five different funding deals worth about $7.3 billion — and with the new Amazon investment, the total exceeds $10 billion. News of the Amazon investment comes weeks after Anthropic debuted Claude 3, its newest suite of AI models that it says are its fastest and most powerful yet. But multimodality, and increasingly complex AI models, also lead to more potential risks.

Persons: Claude, Anthropic, OpenAI's, what's, Swami Sivasubramanian, OpenAI's ChatGPT, OpenAI, Microsoft's OpenAI, Anthropic's Claude, Daniela Amodei, We've, Tesla, Brendan Burke, Bill Gurley, Gurley, Microsoft's, Lina Khan Organizations: Amazon, Google, CNBC, Fortune, Nvidia, Microsoft, Apple, U.S . Federal Trade Commission Locations: San Francisco, Anthropic, OpenAI

☆ Cramer says Washington's antitrust fights against Big Tech don't hold weight
▼ + stars: | 2024-03-25 | by ( Julie Coleman | ) www.cnbc.com time to read: +1 min

CNBC's Jim Cramer on Monday told investors he thinks the government's antitrust lawsuits against prominent names in Big Tech — Apple , Alphabet 's Google and Amazon — aren't justified. "Honestly, I wish the White House would just admit the truth: They want to make the biggest businesses less powerful," he said. The DOJ also alleged Apple has a "smartphone monopoly" that makes it difficult and pricey for consumers and developers to venture outside the Apple ecosystem. If they annihilate Google, I guess we'll take our queries to Claude 3," Cramer said. "And if they get [Apple CEO] Tim Cook, maybe for the first time, someone will want a Nokia smartphone."

Persons: CNBC's Jim Cramer, Alphabet's, Apple, Cramer, Claude, Tim Cook Organizations: Big Tech, Federal, Amazon, The, Justice, Alphabet's Google, DOJ, Google, Apple, Nokia, FTC

☆ Nvidia has a parade of partners, but these two stocks are my favorite beneficiaries
▼ + stars: | 2024-03-24 | by ( Jim Cramer | ) www.cnbc.com time to read: +23 min

That's what Nvidia needed semiconductor design firm Synopsys to do to make this next generation of chips. Right now, Nvidia has had not one, but two different breakthroughs: Accelerated computing at a ridiculously fast speed and generative artificial intelligence. I think Jensen regards Dell as a crucial partner when it comes to installing Nvidia's systems anywhere. Do I think Nvidia would like to do more business with Apple? I think Nvidia would like to do more business with everyone, including alleged opponent Intel .

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☆ Google-backed Anthropic debuts its most powerful chatbot yet, as generative AI battle heats up
▼ + stars: | 2024-03-04 | by ( Hayden Field | ) www.cnbc.com time to read: +5 min

This time last year, Anthropic was seen as a promising generative AI startup founded by ex-OpenAI research executives. "In our quest to have a highly harmless model, Claude 2 would sometimes over-refuse," Amodei told CNBC. Multimodality, or adding options like photo and video capabilities to generative AI, whether uploading them yourself or creating them using an AI model, has quickly become one of the industry's hottest use cases. But multimodality, and increasingly complex AI models, also lead to more potential risks. "Of course no model is perfect, and I think that's a very important thing to say upfront," Amodei told CNBC.

Persons: Anthropic, Claude, Opus, OpenAI's, Asana, It's, it's, Daniela Amodei, Amodei, Moby Dick, Harry Potter, Brad Lightcap, Anthropic's Claude, We've Organizations: Monday, Haiku, Google, ChatGPT, CNBC

☆ A.I. Start-Up Anthropic Challenges OpenAI and Google With New Chatbot
▼ + stars: | 2024-03-04 | by ( Cade Metz | More About Cade Metz | ) www.nytimes.com time to read: +1 min

start-up Anthropic released a new version of its Claude chatbot on Monday, saying it outperforms other leading chatbots on a range of standard benchmark tests, including systems from Google and OpenAI. Dario Amodei, Anthropic’s chief executive and co-founder, said the new technology, called Claude 3 Opus, was particularly useful when analyzing scientific data or generating computer code. Anthropic is among a small group of companies at the forefront of generative A.I., technology that instantly creates text, images and sounds. Dr. Amodei and other Anthropic founders helped pioneer the technology while working as researchers at OpenAI, the start-up that launched the generative A.I. Chatbots like ChatGPT can answer questions, write term papers, generate small computer programs and more.

Persons: Anthropic, Claude chatbot, Dario Amodei, Claude, Opus, Amodei Organizations: Google, OpenAI

We are actually going to be looking at this in the very early days of generative AI. casey newtonYeah, this feels like one of the big questions in AI right now. rebecca tushnetSo I see why you say that’s strange, but in fact, it’s exactly how you would make a general-purpose tool. But now, finally, along come these new technologies to take them down a peg, and they’re actually going to have to work for a living. So maybe they’re slapping, like, AI sort of things around the stories that they’re aggregating.

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