RACE TO TAP THE GENERATIVE AI MARKET: Amazon invested $4 billion in Anthropic, an AI safety and research company in San Francisco. Anthropic will shift most of its software operations to Amazon Web Services (AWS) data centres, utilising AWS’s in-house chips to train its AI models. Anthropic will also receive a financial boost to cover the substantial expenses of training and maintaining large AI models. Founded by OpenAI veterans, Anthropic has raised over $1 billion in funding, focusing on creating safer chatbots for tasks such as summarisation, search, Q&A, and coding. Tech giants increasingly recognise AI’s potential and harness their extensive cloud computing resources. Even though these companies are set to reap the benefits, the reliance on AI, if not regulated, poses a significant threat to humankind. (By Nivetha Dayanand, Web Editor)
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