- Bay Area Times
- Posts
- Anthropic receives $2.75B investment tranche from Amazon
Anthropic receives $2.75B investment tranche from Amazon
Bay Area Times
March 28, 2024
Brought to you by:
Top stories today:
- Anthropic receives $2.75B investment tranche from Amazon
- Claude 3 Opus becomes #1 model, surpassing GPT-4
- SBF expected to get 20 to 50-year sentence at 9:30 AM ET
- Databricks releases open-source DBRX LLM, says it is #1 open model
0. Data and calendar
All values as of 6 AM ET / 3 AM PT, other than S&P500 and NASDAQ close (4 PM ET / 1 PM PT).
All times are ET.
1. Anthropic receives $2.75B investment tranche from Amazon
Anthropic is the #2 most well-funded generative AI startup, right behind OpenAI:
Sep.: $4B total investment, with the initial $1.25B concluded then.
$18.4B valuation, according to sources.
2. Anthropicās Claude 3 Opus becomes #1 model in Chatbot Arena, surpassing OpenAIās GPT-4
Regular users vote blindly on which model responses they prefer.
GPT-4 is 1-year-old, but its latest versions have gotten worse, rather than better, according to this leaderboard.
Meet RAD AIāthe tech startup that some of the biggest brands in the world are using to supercharge their digital marketing efforts. It's been called the āessential AIā for brands looking to attract new audiences and boost ROI.
Over 25 billion pieces of content are exchanged daily across the web. This is what the $633B MarTech and Data Analytics is fundamentally built on. RAD AIās technology analyzes this entire universe for the sole purpose of helping brands deliver content and ROI.
Tripled revenue, attracting clients like MGM, Skechers, and Sweetgreen, and raised $27M from 6,500+ backers, including VCs and leaders at Google, Amazon, and Meta, with backing from Adobe's Fund for Design.
* Sponsored. Disclaimer: This is a paid advertisement for RAD AIās Regulation CF offering. Please read the offering circular at invest.radintel.ai.
4. SBF expected to get 20 to 50-year sentence at 9:30 AM ET
According to prediction markets Manifold:
Prosecutors are seeking 40-50 years, vs. 6.5 years for SBF.