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Rejoicehub LLP, a prominent offshore IT outsourcing firm, was established in 2019 and has been making remarkable strides in the IT sector.Our dedicated team of over 100 professionals is our greatest asset. Our unwavering commitment to excellence has made us a highly sought-after company globally. We prioritize understanding our clients perspectives to enhance their product development process. Our adept professionals are capable of providing top-notch solutions. We promise our clients to bring their unique ideas to the market in a more user-friendly manner. Punctuality is a cornerstone of our work philosophy, and we prioritize delivering exceptional quality.

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Amazon may up its investment in Anthropic — on one condition

Date November 8, 2024

Writen by Kyle Wiggers

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Amazon is considering increasing its investment in OpenAI rival Anthropic.

According to The Information, Amazon is in talks to invest multiple billions in Anthropic, its first financial pledge in the company since a $4 billion deal struck last year. The new investment is structured similar to the last one — but with a twist. Amazon wants Anthropic to use Amazon-developed silicon hosted on Amazon Web Services to train its AI.

Anthropic prefers Nvidia chips. But the money may be too good to pass up. Around the start of the year, Anthropic reportedly projected it would burn through over $2.7 billion in 2024 as it trained and scaled up its AI products. Anthropic has for several months been discussing new funding at a $40 billion valuation, per The Information, and no doubt the pressure is on to clinch something soon.

To date, Anthropic has raised $9.7 billion — close to half of OpenAI’s $21.9 billion haul.

(Above, Anthropic CEO Dario Amodei.)

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