Anthropic Launches Newest AI Model, Three Months after its Last

The arrival of ChatGPT sent shockwaves through the journalism industry. Kirill KUDRYAVTSEV / AFP
The arrival of ChatGPT sent shockwaves through the journalism industry. Kirill KUDRYAVTSEV / AFP
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Anthropic Launches Newest AI Model, Three Months after its Last

The arrival of ChatGPT sent shockwaves through the journalism industry. Kirill KUDRYAVTSEV / AFP
The arrival of ChatGPT sent shockwaves through the journalism industry. Kirill KUDRYAVTSEV / AFP

Anthropic, a startup backed by Google and Amazon.com, on Thursday released an updated artificial intelligence model and a new layout to boost user productivity, continuing an industry sprint to push technology's frontier.

Three months after rolling out its Claude 3 family of AI models, Anthropic said it was launching Claude 3.5 Sonnet.

Compared with Claude 3 Opus - which CEO Dario Amodei in March called the "Rolls-Royce of models" - Anthropic's latest system scores higher on benchmark exams, runs about twice as fast, and is priced for software developers at a fifth the cost.

AI "models are a bit more fungible than cars," Amodei told Reuters. "I don't have to buy them and hold onto them for 20 years. That's one advantage of our field."

Like Anthropic, ChatGPT's creator OpenAI, Google and others are similarly touting AI advances at a breakneck pace.

For consumers, Anthropic has made its latest technology available for free at Claude.ai and in an iOS app. It also is letting web users opt into a setting called "Artifacts." This organizes the content that users prompt Claude to generate - whether the outline for a novel or a simple computer game - in a window display alongside their chat with the AI.

Coupled with a new group subscription plan, Amodei said Artifacts was a step towards "being able to work collaboratively" and "being able to use your model to produce finished products."

Anthropic plans to release more AI models this year, including Claude 3.5 Opus, it said. "We want to have as fast a release cycle as we can, again, subject to our safety values," Amodei said.



EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
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EIB to Allot 70 Bln Euros for Tech Sector in 2025-2027

FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo
FILE PHOTO: The logo of the European Investment Bank is pictured in the city of Luxembourg, Luxembourg, March 25, 2017. Reuters/Eric Vidal/File Photo

The European Investment Bank is likely to announce on Friday plans to pump 70 billion euros into the development of European technology firms over the next three years, EU officials said.

The program, called Tech EU, is meant to help Europe compete with China and the United States in the race for innovative clean and digital technologies.

The EIB, the biggest multilateral lender in the world with a balance sheet total of 556 billion euros, expects its own 70 bln euros to mobilize a further 250 billion euros of private cash as investors crowd into projects supported by the EIB, Reuters quoted EU officials as saying.

The 70 billion is to be split into 20 billion euros for equity and quasi-equity, 40 billion euros for loans and 10 billion for guarantees in 2025-2027, the officials said.

The plan is to complement European Commission efforts to support higher risk ventures and innovative companies throughout their investment journey, from proof of concept to an initial public offering.

The EIB wants to focus on supercomputing, artificial intelligence, digital infrastructure, critical raw materials, green industries such as offshore wind, health, security and defense technologies, robotics and advanced materials, the officials said.