Manish Balakrishnan’s Post

Amazon has just announced its largest investment in an outside company to date - a whopping $4 billion into AI startup Anthropic. This strategic partnership not only marks a significant milestone for both entities but also signals Amazon's intensified commitment to leading the charge in the generative AI space. So, why does this matter? For starters, this collaboration is set to revolutionize how organizations of all sizes leverage advanced generative artificial intelligence applications. With Anthropic utilizing AWS as its primary cloud provider for critical AI safety research and model development, we're looking at an unprecedented acceleration in deploying sophisticated models across various sectors. Moreover, Anthropic's recent unveiling of Claude 3 on Amazon Bedrock - described as outperforming Microsoft-backed OpenAI’s GPT-4 in numerous tasks - showcases the potential for transformative advancements in AI capabilities. This isn't just about pushing technological boundaries; it's about reshaping industries and enhancing customer experiences like never before. As professionals navigating this rapidly evolving landscape, it's crucial to recognize these developments' implications on our strategies and operations. The fusion of Amazon's robust infrastructure with Anthropic’s cutting-edge models through AWS’s specialized AI chips promises a new era of efficiency and innovation. Let us embrace this wave of change with open minds and collaborative spirits. The future is here, and it is powered by generative AI! #AI #GenerativeAI #TechInnovation

Founder of Unlikely AI, William Tunstall-Pedoe, believes may companies attempting to use AI are getting it wrong. William is the inventor behind Amazon's Alexa voice assistant, who sold his company Evi Technologies to Amazon in 2012. Now the founder of Amadeus-backed Unlikely AI has shared that most projects to implement AI by businesses are failing "because the [machine learning] ML piece doesn't work well enough". Tunstall-Pedoe continues "It isn't trustworthy enough, goes wrong every now and then in a way that potentially costs money or is outside of regulatory requirements, or is brand damaging,”. The answer? Unlikely AI. The deep tech startup is designed to tackle the issues that are tripping up many companies using large language models (LLMs), such as bias, hallucination, accuracy and trustworthiness. London-based Unlikely AI has been quietly developing its technology supported by a $20m (£15.4m) seed round led by Amadeus Capital and Octopus Ventures. 🔗Read the full City AM article here: https://bit.ly/3Uffv9r #UnlikelyAI #Amazon #TrustworthyAI

Datasaur is proud to announce a significant enhancement to our LLM Labs product, now fully integrated with Amazon Bedrock. This strategic collaboration marks a pivotal advancement in AI development efficiency and cost-effectiveness. Key features of the enhanced LLM Labs include: - Up to 70% reduction in AI project costs - Comprehensive comparison of 200+ foundation models - Seamless switching between leading LLMs (Claude 3.5 Sonnet, Llama 3, GPT-4) - Optimized performance without vendor lock-in - Future-proofing against model drift As an AWS Partner Network (APN) member, we're committed to empowering organizations with cutting-edge AI solutions. This integration enables businesses of all sizes to harness the full potential of AI while maintaining control over costs and performance. We invite you to explore how Datasaur’s LLM Labs can transform your AI initiatives. Contact our team to learn more about optimizing your AI development process. https://lnkd.in/dxx-YVTt #ArtificialIntelligence #EnterpriseAI #AWSPartner #Innovation

Are #AI #agents coming in health care? We all now got used to see computers speak to us in natural language and being able to be a thought partner, thanks to #GenAI. What we really haven’t seen at scale yet is the next iteration: having your AI actually do things for you. This is the emerging area of AI agents. Amazon just hired the founders of one of the leading startup players in the field, Adept.ai. Will we see adoption of AI agents in healthcare anytime soon? As always, healthcare isn’t going to be an early adopter. However, the huge burden of admin workload for healthcare professionals won’t go away if we don’t give them effective tools. So my prediction is that we’ll see the first AI agents being piloted for administrative tasks in healthcare in the next 2-3 years. What do you think? https://lnkd.in/eNMGHbzW

Tech giants are investing billions of dollars in startups due to the "FOMO" caused by generative AI. The generative AI market is predicted to surpass $1 billion in revenue within a decade. # Amazon invested $2.75 billion in Anthropic, Anthropic's AI model Claude competes with GPT from OpenAI and Google's Gemini. # Amazon and Anthropic's collaboration involves using Amazon Web Services and distributing Anthropic's models to AWS customers. # In 2023, investors poured $29.1 billion into nearly 700 generative AI deals, with a significant portion coming from tech companies. # Big Tech firms emphasize AI in their earnings calls, highlighting its importance in shaping the next decade. #AI

Investment in AI has surged into the hundreds of billions, with more on the horizon. While giants like OpenAI generate over $3 billion in annual revenue, smaller startups struggle to reach the $100 million mark. The industry is fiercely competitive, and although companies like Microsoft, Google, and Amazon have the capital to invest, the question remains: Will these investments pay off? In my Built In article, I explore the ROI of AI, focusing on a critical metric—the cost of intelligence—that could drive the next technological revolution. If you want to learn more about this topic, my publication is linked in the comments. #AI #ROI #OpenAI

How do you say AI in French? Of course, it's "open", it's Paris... Mistral... "is corralling enough investment and attention, including a high-profile Microsoft partnership, to put it in the top tier of AI companies globally." Microsoft... already going for the younger (and better?) French version... seemed like they were so happy w/ OpenAI... Why it matters: Mistral is much younger than OpenAI, yet the French company's top model already rivals GPT-4's performance in accuracy and common sense reasoning. https://bit.ly/mistral-ai #ai #artificialintelligence #tech

🚀 Amazon's $4B Bet on AI! Amazon just made a $4 billion investment in AI startup Anthropic, accelerating the future of Generative AI! With this move, Amazon is empowering AWS customers to leverage cutting-edge models like Claude 3, which is even outpacing GPT-4 in key areas such as reasoning and coding! 💡💻 This strategic partnership will transform industries— from healthcare to finance—unlocking new AI-driven innovations across the board. 🌍✨ 👉 The future is here, and it's powered by AI! 💼🔮 #AI #Amazon #Anthropic #TechInnovation #GenerativeAI

Under pressure to do something about AI in your organisation but unsure where to start? Here are 4 practical steps you can take now to drive your business forward, increase efficiency, save costs, and boost employee productivity and satisfaction. Check them out here: https://lnkd.in/ew8Ctm-x If any strike a chord, drop me a note, and I'll take you through the things you can do immediately to make an impact. #AI #customerservice #productmarketing #imageanalysis #product #chatbot #superchatbot OpenAI Anthropic Amazon Web Services (AWS) Microsoft CoPilot AI

So many AI start-ups are essentially wrappers around GPT, Gemini, or Claude.... My prediction is that there is absolutely NO EDGE in the long-run due to being able to develop with AI (unless you own the hardware to train and run inference at scale like Google, MSFT, Amazon, etc...). The edge will come from DOMAIN-SPECIFIC KNOWLEDGE of how to go about solving a valuable problem. Does that mean these startups have no value? Absolutely, not! ....But I'm going to bet on the recruiting company that builds AI automation into their workflow over the AI-startup that doesn't have deep expertise in how to successfully run a recruiting process. #ai #intelligentautomation #softwaredevelopment