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- š¤ Amazon Spends $2.75 Billion on Anthropic
š¤ Amazon Spends $2.75 Billion on Anthropic
PLUS: Appleās AI Master Plan Revealed?!, AI Models Beat Humans in Conversational Persuasiveness?

Welcome back AI enthusiasts!
In todayās AI Report:
šµAmazon Spends $2.75 Billion on Anthropic
šAppleās AI Master Plan Revealed?!
āļøAI Models Beat Humans in Conversational Persuasiveness?
š 5 Trending Tools
š°Venture Capital Updates
š¼Whoās Hiring?
Read Time: 3 minutes
šRECENT NEWS
AMAZON
šµAmazon Spends $2.75 Billion on Anthropic

Image Source: Noah Kalina/Stock Catalog
Amazon is making its largest outside investment in the companyās three-decade history as it looks to gain an edge in AI offerings.
Key Details:
Amazon announced an initial $1.25 billion investment backing Anthropic in September, claiming it would invest up to $4 billion in the coming months.
Now, Amazon has delivered on its claim with another $2.75 billion to support Anthropic, a startup building reliable, interpretable, and steerable AI systems.
The startupās flagship product is the Claude 3 model family, a set of state-of-the-art conversational chatbots for specific use cases, rivaling OpenAIās ChatGPT.
Swami Sivasubramanian, Vice President of AI at AWS, explained: āGenerative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will improve our customer experience.ā
Why Itās Important:
Over the past year, Anthropic has closed five funding deals totaling $7.3 billion. The term generative AI entered the business vernacular seemingly overnight, with the field experiencing a record $29.1 billion invested across nearly 700 deals in 2023.
As part of the agreement, Anthropic will exclusively leverage AWS as its primary cloud provider and utilize Amazonās chips to train, build, and deploy AI models.
š©ŗ PULSE CHECK
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APPLE
šAppleās AI Master Plan Revealed?!

Image Source: Arild Finne Nybo/Flickr
On Tuesday, Apple announced that its annual Worldwide Developer Conference (WWDC) will take place in June. The company is expected to reveal a comprehensive AI strategy during the keynote presentation.
Key Details:
WWDC will be livestreamed on Appleās website, and a few software developers will be invited to celebrate in person at Appleās headquarters in Cupertino, California.
Apple is expected to unveil major software updates for the iPhone, iPad, MacBook, Vision Pro headset, and Apple Watch Series.
More importantly, Apple will outline a comprehensive AI strategy planned for the iOS 18 upgrade with a singular goal: to provide proactive features that assist users in their daily lives.
iOS 18 is rumored to be the most ambitious overhaul of the iPhoneās software. It includes a revamped version of Siri, AI-assist features for iMessage, auto-generated playlists for Apple Music, and an AI health coach for Apple Watches.
Apple marketing executive Greg Joswiak said, āItās going to be absolutely incredibleā when asked about the companyās AI roadmap.
Why Itās Important:
The rumored features for iOS 18 suggest a significant shift towards a more proactive iPhone experience. Imagine an AI assistant that anticipates your needs and automates mundane tasks like developing a grocery list, managing emails, or responding to texts.
Appleās WWDC could reshape how we view AI integrations in our daily lives, with Appleās on-device AI enhancements reshaping the mobile software experience on over 2 billion devices.
AI RESEARCH
āļøAI Models Beat Humans in Conversational Persuasiveness?
A new study discovered that Large Language Models (LLMS) like OpenAIās GPT-4 significantly outperform human participants in persuasiveness during controlled online debates.
The researchers analyzed the effect of AI-driven persuasion in a controlled, harmless setting through an online platform where participants engaged in short, multiple-round debates with live opponents or LLMs.
With personalized arguments based on background information, OpenAIās GPT-4 increased agreement conversion with opponents by 81.7% compared to humans.
š TRENDING TOOLS
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š”Ideabuddy turns ideas into business realities with structured planning and financial tools.
š£Speak is the language learning app that gets you talking.
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šCBInsights generates comprehensive reports of data in seconds.
š®Browse our always Up-To-Date AI Tools Database.
š°VENTURE CAPITAL UPDATES
š¼WHOāS HIRING?
Curia Health (Remote): AI Research Intern, Summer 2024
Bosch (Plymouth, MI): Software Engineering Intern, Summer 2024
Acorns (Los Angeles, CA): Software Engineer Intern, Summer 2024
Shield AI (San Diego, CA): DevEx Engineering Intern, Summer 2024
Cohere (San Francisco, CA): Customer Success Manager
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