Premium Domain Names for Sale at CrocoDom.com
SAN FRANCISCO, Sept 25 (Reuters) – Amazon.com (AMZN.O) on Monday said it will invest up to $4 billion in cash in the high-profile startup Anthropic, in its effort to compete with growing cloud rivals on artificial intelligence.
Amazon's employees and cloud customers will gain early access to technology from Anthropic as part of the deal, which they can infuse into their businesses. The San Francisco-based startup also committed to rely primarily on Amazon's cloud services, including training its future AI models on large quantities of proprietary chips it would buy from the online retailing and computing giant.
In a joint interview, the CEOs of Amazon's cloud division and Anthropic said the immediate investment will be $1.25 billion, with either party having the authority to trigger another $2.75 billion in funding by Amazon.
They declined to state how much Amazon now would own of Anthropic or the startup's updated valuation, last estimated at more than $4 billion. Amazon said it would not gain a board seat and that its stake amounted to a minority position.
The news represents perhaps Amazon's biggest answer yet to challenges from Microsoft (MSFT.O) and Alphabet's (GOOGL.O) Google, smaller cloud rivals that have marketed or developed powerful AI this year. The deal also shows ongoing maneuvering by the cloud companies to secure ties with AI startups reshaping their industry.
Since 2019, Microsoft has put billions of dollars into its partnership with ChatGPT's creator OpenAI, giving its customers special access to the startup's prose-writing, image-generating technology.
Google meanwhile helped pioneer this branch of AI and in May invested in Anthropic's $450-million fundraise, in a relationship the startup said is not going away.
For Amazon, Monday's deal may spell an uptick in demand, including for chips powering AI. Anthropic agreed to work on developing technology for Amazon's in-house Trainium and Inferentia chips, for instance.
Adam Selipsky, Amazon Web Services's CEO, said the pact "will help make Anthropic's models better, will help make our chip technology and our AI infrastructure better."
Dario Amodei, Anthropic's CEO, said his company "has obtained the money in a way that allows it to prioritize safety" and "allows us to continue to scale up our models."
The logo of Amazon is seen, November 15, 2022. REUTERS/Pascal Rossignol/File Photo Acquire Licensing Rights
Anthropic, founded by former OpenAI executives including Amodei, is one of a series of companies building so-called generative AI, systems that can draft content as if a human created it. Anthropic has aimed to distinguish its work by training AI to adhere to moral values.
Amodei declined to state if its latest financing was competitive.
Anthropic is continuing an agreement it announced with Google in February, he said. Anthropic is using Google's custom chips and has planned to make its technology available via Google Cloud and elsewhere.
Yet with Monday's deal, Anthropic is giving a boost to Amazon Bedrock, a service that has attracted thousands of users to start building AI applications.
Amazon's customers will gain features from Anthropic early, such as the ability to customize their AI. Selipsky said, "both companies are committing that, for many years to come, future versions of Claude will be available on Amazon Bedrock, and that's important."
Anthropic's Claude 2 is an AI model that is able to respond to particularly large prompts, setting it up to analyze long business or legal documents.
Amodei said the deal "allows us to work more closely to drive enterprise usage for Claude," which he said represented much of the demand on Bedrock so far.
LexisNexis, a data analytics company, is working with Anthropic and Amazon to make its own legal search capabilities more "intelligent," Amodei said. Other customers include Bridgewater Associates and Lonely Planet, he said.
Anthropic has yet to gain the name recognition or usage of OpenAI, the startup behind the GPT-4 model and ChatGPT, which is one of the fastest-growing software applications in history.
Amazon has aimed to give customers a broad range of AI models so they have little reason to look afield for cloud services.
Asked if Amazon would invest in additional AI startups beyond Anthropic, Selipsky said, "I honestly don't know what the future will hold."
Prima, a private-equity backed farmer that is the largest producer of peaches and other stone fruit in North America, filed for Chapter 11 bankruptcy protection in Delaware on Friday.
Reporting By Jeffrey Dastin in San Francisco; Editing by Kenneth Li and Chizu Nomiyama
Our Standards: The Thomson Reuters Trust Principles.
Thomson Reuters
Jeffrey Dastin is a correspondent for Reuters based in San Francisco, where he reports on the technology industry and artificial intelligence. He joined Reuters in 2014, originally writing about airlines and travel from the New York bureau. Dastin graduated from Yale University with a degree in history. He was part of a team that examined lobbying by Amazon.com around the world, for which he won a SOPA Award in 2022.
Prima, a private-equity backed farmer that is the largest producer of peaches and other stone fruit in North America, filed for Chapter 11 bankruptcy protection in Delaware on Friday.
The head of German shipping firm Hapag Lloyd , Rolf Habben Jansen, expects the next three years to be difficult because demand for shipping services is growing more slowly than available shipping capacity, he told the Welt am Sonntag newspaper.
As big U.S. corporations kicked off corporate earnings season this week, executives addressed the Israel-Hamas conflict and some companies launched fundraising efforts.
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions of people worldwide every day. Reuters provides business, financial, national and international news to professionals via desktop terminals, the world's media organizations, industry events and directly to consumers.
Build the strongest argument relying on authoritative content, attorney-editor expertise, and industry defining technology.
The most comprehensive solution to manage all your complex and ever-expanding tax and compliance needs.
The industry leader for online information for tax, accounting and finance professionals.
Access unmatched financial data, news and content in a highly-customised workflow experience on desktop, web and mobile.
Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts.
Screen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks.
All quotes delayed a minimum of 15 minutes. See here for a complete list of exchanges and delays.
© 2023 Reuters. All rights reserved
source
Premium Domain Names:
A premium domain name is a highly sought-after domain that is typically short, memorable, and contains popular keywords or phrases. These domain names are considered valuable due to their potential to attract more organic traffic and enhance branding efforts. Premium domain names are concise and usually consist of one to two words or two to four individual characters.
Top-Level Domain Names for Sale on Crocodom.com:
If you are looking for top-level domain names for sale, you can visit Crocodom.com. Crocodom.com is a platform that offers a selection of domain names at various price ranges. It is important to note that the availability of specific domain names may vary, and it’s recommended to check the website for the most up-to-date information.
Contact at crocodomcom@gmail.com:
If you have any inquiries or need assistance regarding the domain names available on Crocodom.com, you can reach out to them via email at crocodomcom@gmail.com. Feel free to contact them for any questions related to the domain names or the purchasing process.
Availability on Sedo.com, Dan.com, and Afternic.com:
Apart from Crocodom.com, you can also explore other platforms like Sedo.com, Dan.com, and Afternic.com for available domain names. These platforms are popular marketplaces for buying and selling domain names. Each platform may have its own inventory of domain names, so it’s worth checking multiple sources to find the perfect domain name for your needs.
#PremiumDomains #DomainInvesting #DigitalAssets #DomainMarketplace #DomainFlipping #BrandableDomains #DomainBrokers #DomainAcquisition #DomainPortfolio #DomainIndustry #DomainAuctions #DomainInvestors #DomainSales #DomainExperts #DomainValue #DomainBuyers #DomainNamesForSale #DomainBrand #DomainInvestment #DomainTrading