• Bay Area Times
  • Posts
  • Anthropic receives $2.75B investment tranche from Amazon

Anthropic receives $2.75B investment tranche from Amazon

Brought to you by:

Top stories today:

  1. Anthropic receives $2.75B investment tranche from Amazon
  2. Claude 3 Opus becomes #1 model, surpassing GPT-4
  3. SBF expected to get 20 to 50-year sentence at 9:30 AM ET
  4. 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. Anthropic’s Claude 3 Opus becomes #1 model in Chatbot Arena, surpassing OpenAI’s 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 AI—the tech startup that some of the biggest brands in the world are using to supercharge their digital marketing efforts. It's been called the “essential AI” 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 AI’s 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 AI’s 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:

Subscribe to keep reading

This content is free, but you must be subscribed to Bay Area Times to continue reading.

Already a subscriber?Sign In.Not now