<div>
  <p>
  </p>
  <ul>
    <li>
      <p>
        Instagram co-founder Mike Krieger has been appointed as the first chief product officer at Anthropic, a company specializing in the development of AI apps and technology.
      </p>
    </li>
    <li>
      <p>
        As CPO, Krieger will be responsible for product engineering, management, and design at Anthropic as it expands its suite of AI apps. He will also oversee the company's enterprise services, subscriptions, and software.
      </p>
    </li>
    <li>
      <p>
        Krieger, who left Instagram in 2018, subsequently co-founded Artifact, a personalized news app that was acquired by Yahoo. Prior to this, he was instrumental in the success of Instagram, contributing significantly to its user experience and product development before it was acquired by Meta.
      </p>
    </li>
  </ul>
  <p>
  </p>
</div>


<div>
  <p>
    <a href="https://www.anthropic.com/news/mike-krieger-joins-anthropic">
      Press release
    </a>
  </p>
  <p>
    <a href="https://techcrunch.com/2024/05/15/anthropic-hires-instagram-co-founder-as-head-of-product/">
      TechCrunch
    </a>
  </p>
</div>


Foundation Models

<div>
 
 <p>The co-founder of Instagram, Mike Krieger, has been named the very first chief product officer (CPO) for Anthropic, a firm focused on creating AI technology and applications. In this role, he will oversee product design, engineering, and management as Anthropic continues to grow its AI applications offerings. Moreover, he will manage the company's software, subscriptions, and professional services.</p> 
 <p>Krieger departed Instagram in 2018 and subsequently co-founded Artifact - a customized news application that was later bought by Yahoo. His significant contributions to user experience and product development at Instagram before its acquisition by Meta were key to the platform's success.</p>
 
</div>

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Exploring the limitless possibilities of AI

Generative AI Applications

<div>
 
 <p>Mike Krieger, co-founder of Instagram, has been named the initial chief product officer at Anthropic, a company dedicated to AI application and technology creation.</p>
 <p>In his new role as CPO, Krieger will oversee product engineering, management, and design at Anthropic. This responsibility extends to the company's enterprise services, subscriptions, and software as it continues to broaden its AI application offerings.</p>
 <p>Before co-founding Artifact, a personalized news app acquired by Yahoo, Krieger left Instagram in 2018. During his time with Instagram, he played a key role in its success, substantially influencing its user experience and product development before Meta's acquisition.</p>
 
</div>

Empowering Tomorrow's Innovations with Generative AI Infrastructure

Generative AI Infrastructure

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 
 <p>Amazon Bedrock has broadened its array of models by including Anthropic's Claude 3 Opus Foundation Model, popular for its advanced text and image generation abilities. This addition complements other existing models such as Jurassic from AI21 Labs, Cohere's Command and Embed, Meta's LLaMA 2, Stability AI's Stable Diffusion, and Titan models by Amazon.</p>
 <p>The latest updates on Bedrock provide the facility to integrate custom models, thereby enabling data scientists to create proprietary models with private data on Amazon SageMaker and link them with Bedrock. SageMaker has also been enhanced with support for several new model types, including three from LLaMA 2 and two from Mistral 7B.</p>
 <p>Claude 3 Opus, known for assisting various domains with functions like intricate task automation, comprehensive research, and strategic analysis, is viewed as a valued addition to the comparative advantage of Bedrock's service incorporating foundation models.</p>
 
</div>

Amazon Bedrock integrates Anthropic's Claude 3 Opus for enhanced GenAI capabilities

ANALYST_QUICK_TAKE

<div>
 
 <p>Anthropic, a GenAI models and applications provider, has launched its GenAI assistant, Claude, in Europe. Claude is available with a subscription-based Pro version via an iPhone app or web. The business-focused service, Claude Team, has subscription rates starting at EUR 28 (USD 30) per month.</p>
 <p>Claude 3 Opus, one of the service offerings of Anthropic's AI assistant, Claude, is its most advanced model. It exhibits high fluency in several European languages including French, Spanish, German, and Italian.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Claude's presence in Europe is significant given that the region values stringent AI regulations and emphasizes ethics. Earlier this year, the European Union Parliament passed the groundbreaking AI Act, which establishes regulations for the use of AI technology. These rules aim to categorize the risks associated with AI and apply appropriate guidelines accordingly.</p>

Anthropic launches AI assistant Claude in Europe

<div>
 
 <p>California Governor Gavin Newsom announced partnerships with five companies, including OpenAI and Anthropic, for the use of GenAI  tools in public service delivery. The anticipated enhancements pertain to traffic management, road safety, and tax guidance.</p>
 <p>Over six months, internal trials will be undertaken by state workers testing and evaluating these AI tools. The collaborating companies will offer their services for just USD 1 per proposal. The programs are designed so as not to involve any sensitive data, addressing privacy concerns.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> The state of California appears to have a strong foothold in AI technology, with a significant number of AI companies established within its confines. Governor Newsom signed an executive order last year to explore ways to incorporate generative AI, positioning California at the forefront in AI utilization for public service functions.</p>

California partners with firms to deploy GenAI tools for public service delivery

<div>
 
 <p>GenAI models and applications provider, Anthropic, has unveiled an iOS app and a subscription plan aimed at businesses, especially those in regulated industries like healthcare, finance, and legal sectors. This plan, called "Team," costs USD 30 per individual monthly and requires at least five seats.</p>
 <p>Anthropic created this service to give corporations high-quality access to their Claude 3 AI models along with additional administrative and user management oversight.</p>
 <p>Noteworthy features of the Team plan encompass high-priority access to advanced AI models, a context window of 200,000 tokens, priority access to new updates, and improved controls for billing and user management.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> Expanding into the enterprise market, Anthropic now competes with established players like OpenAI, which recently introduced <a href="https:<br>
//sp-edge.com/updates/25408"> ChatGPT Team </a> for smaller teams at a competitive price of USD 30 per user per month. OpenAI also caters to large enterprises with custom pricing options. Similarly, Perplexity entered the arena last week with <a href="https:<br>
//sp-edge.com/updates/28720"> Enterprise Pro, </a> a business-focused service priced at USD 40 per month, adding to the competitive landscape in this space.</p>

Anthropic announces new enterprise plan for Claude; launches iOS App

<div>
 
 <p>The UK's Competition and Markets Authority (CMA) is set to carry out investigations on the recent Artificial Intelligence (AI) takeovers by tech giants Microsoft and Amazon. The impending examination is the result of prevalent concerns about possible disruption of the competitive balance within the AI sector.</p>
 <p>Specifically, the probe will cast an eye into Microsoft's partnership with Mistral AI, an open-source originator of foundational models. It will also consider the software company's poaching of crucial staff from Inflection AI, which is the creator of the chatbot named Pi.&nbsp;</p>
 <p>The CMA will also delve into Amazon's mammoth investment, estimated to be around 4 billion dollars, in the AI newcomer, Anthropic. The decision regarding this inquisition is reliant on feedback from 'concerned third parties.' These pieces of input will dictate whether this preliminary examination will elevate into a full-scale antitrust investigation.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This month, EU antitrust regulators also looked into <a href="https:<br>
//sp-edge.com/updates/28613"> Microsoft's USD 13 billion investment in OpenAI </a> and concluded that it is not an acquisition and does not require a formal investigation. Moreover, earlier this year, the European Commission initiated a competition investigation into Microsoft's multibillion-dollar <a href="https:<br>
//sp-edge.com/updates/25468"> investment in OpenAI </a> . <a href="https:<br>
//sp-edge.com/updates/27024"> Microsoft's partnership with Mistral AI </a> was also under scrutiny from the EU in February and <a href="https:<br>
//sp-edge.com/updates/26068"> Italy's Data Protection Authority issued a warning to OpenAI </a> that its chatbot ChatGPT was supposedly breaching data protection rules in January.&nbsp;</p>

UK regulators to investigate AI deals by Microsoft and Amazon

<div>
 <p>Amazon Bedrock is partnering with Anthropic, universally supporting Anthropic's Claude 3 AI model (Opus, Sonnet, and Haiku). This addition to Bedrock allows users to build and implement GenAI applications, fitting Amazon's three-tier strategy for AI, which includes providing tools for developers and creating AI applications for end-users.</p>
 <p>Under the partnership, Anthropic uses AWS as its main cloud provider and plans to offer future versions of its foundation models on Bedrock. Amazon believes this collaboration will enhance customer experience by advancing GenAI technology.</p>
</div>

Amazon Bedrock incorporates all versions of Anthropic’s Claude 3 AI model to improve GenAI capabilities

<div>
 
 <p>Amazon has invested an additional USD 2.75 billion in Anthropic, a provider of GenAI models and applications, bringing the total investment to USD 4 billion.</p>
 <p>Amazon will reportedly maintain a minority stake in the company and won't have an Anthropic board seat.</p>
 
</div> <p><b>Analyst QuickTake:<br>
 </b> This latest investment represents the remaining funding Anthropic received, following Amazon’s initial investment of <a href="https:<br>
//sp-edge.com/updates/22151"> USD 1.25 billion </a> last September and its commitment to invest USD 4 billion in total. Google also committed&nbsp; <a href="https:<br>
//sp-edge.com/updates/23208"> USD 2 billion </a> in October 2023 with an initial funding of USD 500 million.</p>

Amazon invests USD 2.75 billion more in Anthropic, concluding USD 4 billion commitment

<div>
 <p>Amazon Web Services (AWS), Accenture, and AI firm Anthropic are partnering to enable organizations, especially those in highly-regulated sectors such as healthcare, banking, and insurance, to adopt customized GenAI technology. The collaboration aims to boost innovation, customer service, and productivity while ensuring data privacy and security.</p>
 <p>Within this partnership, organizations can utilize Anthropic’s AI models via Amazon Bedrock and Accenture's services for customization through AI switchboards. AWS, Accenture, and Anthropic are working together on platform engineering and deployment. Moreover, Accenture engineers will get special training to provide comprehensive support for clients deploying GenAI applications.</p>
 <p>This collaborative offering is expected to speed up the development and deployment of GenAI applications in a responsible and secure manner, thus reducing costs and time to market. An example of their collaboration is the intelligent chatbot developed for the Department of Health for the District of Columbia, which has reportedly produced positive results.</p>
</div>

All Updates

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Amazon Bedrock integrates Anthropic's Claude 3 Opus for enhanced GenAI capabilities

Anthropic launches AI assistant Claude in Europe

California partners with firms to deploy GenAI tools for public service delivery

Anthropic announces new enterprise plan for Claude; launches iOS App

UK regulators to investigate AI deals by Microsoft and Amazon

Amazon Bedrock incorporates all versions of Anthropic’s Claude 3 AI model to improve GenAI capabilities

Amazon invests USD 2.75 billion more in Anthropic, concluding USD 4 billion commitment

AWS and Accenture partner with Anthropic to boost responsible AI adoption

Foundation Models

Instagram co-founder Mike Krieger joins Anthropic as chief product officer

Contact us