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  • šŸ¤– Amazon Spends $2.75 Billion on Anthropic

šŸ¤– Amazon Spends $2.75 Billion on Anthropic

PLUS: Appleā€™s AI Master Plan Revealed?!, AI Models Beat Humans in Conversational Persuasiveness?

Welcome back AI enthusiasts!

In todayā€™s AI Report:

  • šŸ’µAmazon Spends $2.75 Billion on Anthropic

  • šŸŽAppleā€™s AI Master Plan Revealed?!

  • āš”ļøAI Models Beat Humans in Conversational Persuasiveness?

  • šŸ› 5 Trending Tools

  • šŸ’°Venture Capital Updates

  • šŸ’¼Whoā€™s Hiring?

Read Time: 3 minutes

šŸ—žRECENT NEWS

AMAZON

šŸ’µAmazon Spends $2.75 Billion on Anthropic

Image Source: Noah Kalina/Stock Catalog

Amazon is making its largest outside investment in the companyā€™s 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 startupā€™s flagship product is the Claude 3 model family, a set of state-of-the-art conversational chatbots for specific use cases, rivaling OpenAIā€™s ChatGPT.

  • Swami Sivasubramanian, Vice President of AI at AWS, explained: ā€œGenerative 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 Itā€™s 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 Amazonā€™s chips to train, build, and deploy AI models.

šŸ©ŗ PULSE CHECK

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APPLE

šŸŽAppleā€™s 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 Appleā€™s website, and a few software developers will be invited to celebrate in person at Appleā€™s 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 iPhoneā€™s 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, ā€œItā€™s going to be absolutely incredibleā€ when asked about the companyā€™s AI roadmap.

Why Itā€™s 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.

  • Appleā€™s WWDC could reshape how we view AI integrations in our daily lives, with Appleā€™s on-device AI enhancements reshaping the mobile software experience on over 2 billion devices.

AI RESEARCH

āš”ļøAI Models Beat Humans in Conversational Persuasiveness?

A new study discovered that Large Language Models (LLMS) like OpenAIā€™s 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, OpenAIā€™s GPT-4 increased agreement conversion with opponents by 81.7% compared to humans.

šŸ› TRENDING TOOLS

šŸ“¦Recall summarizes anything and forgets nothing.

šŸ’”Ideabuddy turns ideas into business realities with structured planning and financial tools.

šŸ—£Speak is the language learning app that gets you talking.

šŸŽØCreatie transforms your ideas into stunning designs.

šŸ“ŠCBInsights generates comprehensive reports of data in seconds.

šŸ”®Browse our always Up-To-Date AI Tools Database.

šŸ’°VENTURE CAPITAL UPDATES

  • 0G Labs launches with a whopping $35M pre-seed round to build a modular AI blockchain.

  • Cyera is raising $300M at a $1.5B valuation to provide holistic data security in one cloud platform.

  • FundGuard closes a $100M Series C to expand investment accounting utilities for asset managers.

šŸ’¼WHOā€™S 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

šŸ¤–PROMPT OF THE DAY

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šŸ“’FINAL NOTE

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