Did Amazon Just Say Checkmate to OpenAI?
On Nov. 30, 2022, a then-unknown start-up called OpenAI sent shockwaves around the world. OpenAI is the developer of ChatGPT, a model that uses generative AI to answer queries, write software code, generate images, and much more.
Almost instantly, big tech companies began plowing billions into alternative AI model developers to compete with OpenAI.
E-commerce and cloud computing behemoth Amazon (NASDAQ: AMZN) struck a partnership with Anthropic, pouring $8 billion into the start-up over the last two years. While OpenAI may have the first-mover advantage, a new update from Amazon and Anthropic showcase just how serious the competition is becoming.
Source Fool.com
