Web3: Amazon supports AI research with an investment of $4 billion

Like most web giants, Amazon has been engaged in the race for Artificial Intelligence (AI) for several months. To this end, it launched Amazon Bedrock, a multitasking platform centered on AI. Everything could have a link with the company’s crypto initiatives focused on Web3.

Amazon encourages AI research led by startup Anthropic

The digital giant Amazon and the startup Anthropic active in the field of AI unveiled a strategic investment pact on Monday September 25. A billion-dollar agreement, which should promote the development of high-performance fundamental AI models.

The joint press release published by the stakeholders explains the ins and outs of this agreement. In concrete terms, Amazon supports research and development efforts in fundamental AI models.

As part of this agreementAnthropic should provide a “reinforced support” at Amazon Bedrock. A critical AI platform in building the foundational AI models envisioned by Amazon. For this purpose, Anthropic will access the Trainium and Inferentia chips. These are specialized computer components, developed by Amazon Web Services (AWS), a subsidiary of Amazon that offers cloud computing services. This is to accelerate artificial intelligence (AI) and machine learning (ML) workloads.

Ultimately, Amazon should benefit from AI tools that are personalized, secure and adapted to its needs. The agreement also provides for Amazon teams to leverage Amazon Bedrock capabilities to develop Anthropic’s AI models.

Amazon invests $4 billion in startup Anthropic to support AI research

An Amazon commitment to AI aimed at Web3?

The fact that Amazon is betting such a large sum on the development of AI is not insignificant. This investment, in exchange for which Amazon obtains “a minority share” in Anthropic’s capital, appears to have links to the company’s Web3 projects.

In recent months, Amazon has increased initiatives focused on crypto and Web3. It is in this context that the company launched at the end of July, Access and Query, two tools linked to Amazon Managed Blockchain (AMB). This is with the aim of facilitating the rapid development of applications via blockchain.

Most recently, the company partnered with Mojo Melee, an NFT game built on the Ethereum Polygon scaling network. A collaboration that seems promising for the online gaming ecosystem.

It is therefore not excluded that the agreement with the startup Anthropic could have a positive impact for the AI ​​ecosystem. A technology which the boss of Binance believes could stimulate the adoption of cryptos.

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