Amazon ramps up investment in ChatGPT rival; White House announces AI guardrails
Amazon has announced an additional $2.75bn investment in AI start-up Anthropic as it looks to gain a foothold in the rapidly expanding industry. Anthropic was founded by former members of ChatGPT-creator OpenAI and has already developed its own large language model, known as Claude, with similar functionality. The firm has already been using Amazon Web Services (AWS) as its primary cloud provider for workloads including safety research and further developing its model. Amazon invested $1.25bn in Anthropic in September, which means their total funding has now reached $4bn with the new allocation. The firms plan to target organisations in highly regulated industries such as healthcare, the public sector, banking and insurance to adopt AI solutions in their workflows. “Generative AI…