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CEO of Anthropic — the AI company Amazon is betting billions on — says it could cost $10 billion to train AI in 2 years [Business Insider]
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The number of companies able to afford to develop new models will remain slim, he said. The large language model market may be heating up, but the CEO of AI powerhouse Anthropic isn't all that worried about competition, predicting the price tag of training such models could eventually balloon to $100 billion. Anthropic CEO and cofounder Dario Amodei discussed the future of Anthropic, its chatbot "Claude," and the billion-dollar AI industry in a wide-ranging interview with CNBC last week. "The number of players" that have the financial capability to train professional-level AI models at top scale, Amodei said, "is going to be relatively small to start with." Amodei and his sister, Daniela Amodei, cofounded Anthropic in 2021, quickly drawing major backers, including Amazon. The e-commerce company poured $1.25 billion into Anthropic last year and pledged an additional $2.75 billion in March, cementing a powerful partnership that grants Amazon a minority ownership stake in Anthro
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