• 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:

A 25+ year sentence would already be one of the highest of all-time for white-collar fraudsters

5. Databricks releases open-source DBRX LLM, says it is #1 open model

6. Google rolling out AI features in search regarding fashion, maps

Google will let you swipe right and left on clothes to produce style recommendations:

Google is also testing providing a sample itinerary for searches about trips

7. Data on GPTs: art, education, productivity most popular categories

The launch of the GPT App Store increased GPTs usage, but growth has leveled off

8. Interesting videos, posts, and memes

9. Other headlines

AI

* Sponsored. Disclaimer: This is a paid advertisement for RAD AI’s Regulation CF offering. Please read the offering circular at invest.radintel.ai.

Tech

  • Pixel 9 Pro XL renders leak.

  • Canva promises never to force subscriptions on Affinity users.

  • Google suspended 12.7M ad accounts, blocked 5.5B ads in 2023.

Tech & law

  • Xi criticizes “technological barriers” during Dutch PM visit.

Biotech

  • Dementia risks study: diabetes, air pollution, alcohol intake lead.

  • Serina completes AgeX merger, targets neurological diseases, pain.

Business

  • Fed’s Waller: “no rush” to cut rates, still expects 1st cut in 2024.

  • China’s property crisis worsening banks’ balance sheets.

  • Daniel Kahneman, Nobel-winning behavioral economist, dies at 90.

Crypto

  • AI projects SingularityNET, Fetch.ai and Ocean discuss token merger.

  • Coinbase will face SEC lawsuit, with 1 charge dismissed: judge.

  • tea Protocol: click to subscribe to tea's newsletter and learn more about how to get rewards for your open-source contributions.*

*Sponsored.

U.S. politics

  • Christie turns down No Labels presidential ticket.

  • John Eastman should be disbarred over 2020 efforts: judge.

  • Disney, FL reach settlement, giving state more power over governance.

  • Joe Lieberman, 2000 VP nominee, dies at 82.

World

  • U.S. officials aim to influence Israel’s Rafah operation, not stop it.

  • Russia continues to blame Ukraine for Moscow terrorist attack.

Was this newsletter forwarded to you? Sign up here. Liked it? Forward it to friends and get rewards (see below).

What did you think of today's newsletter?

Login or Subscribe to participate in polls.

Disclaimer: The Bay Area Times is a news publisher. All statements and expressions herein are the sole opinions of the authors or paid advertisers. The information, tools, and material presented are provided for informational purposes only, are not financial advice, and are not to be used or considered as an offer to buy or sell securities; and the publisher does not guarantee their accuracy or reliability. You should do your own research and consult an independent financial adviser before making any investments. Neither the publisher nor any of its affiliates accepts any liability whatsoever for any direct or consequential loss howsoever arising, directly or indirectly, from any use of the information contained herein. Assets mentioned may be owned by members of the Bay Area Times team.  

Please read our Terms of Service and our Privacy Policy before using Our Service.

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