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Why Anthropic's Founder Left Sam Altman’s OpenAI

Amazon recently announced that it will invest up to $4 billion in Anthropic, one of the buzzy startups building a generative AI chatbot. With the deal, Anthropic secures a major investment from a second Big Tech company, after already receiving $300 million from Google at the end of last year. Google’s investment, which wasn’t reported at the time, gave Google an estimated 10% stake in the company. In its latest fundraising round in May, Anthropic was valued at nearly $5 billion, according to TechCrunch. An updated valuation was not disclosed for Amazon’s most recent investment nor details about the size of its minority stake. Amazon becomes the latest major player to invest in up-and-comers in the generative AI world, after ChatGPT maker OpenAI received $13 billion from Microsoft. Amazon will invest $1.25 billion up front with the possibility for another $2.75 billion later, for a potential total of $4 billion. Amazon declined to provide further details about the deal’s structure. In our interview with cofounder and CEO Dario Amodei, he lays out his three-tiered fear model in response to a question by Jeremy Kahn about the existential risks posed by A.I. that has safety concerns that even Sam Altman is worried about. 00:00 - Leaving OpenAI To Form Anthropic 00:57 - Creating Claude 03:26 - Setting Constitutional AI 06:18 - Data Privacy And Storage Concerns 07:10 - Government Regulations 08:26 - AI In Robots 09:48 - Existential Risk 11:27 - Open-Source Models 12:29 - Climate Impact 13:24 - AI Risks Subscribe to Fortune - http://www.youtube.com/subscription_c... Fortune Magazine is a global leader in business journalism with 55 million monthly page views and a readership of nearly 32 million, with major franchises including the Fortune 500 and the Fortune 100 Best Companies to Work For. The new Fortune video channel dives into personal stories from business owners and entrepreneurs becoming successful in business and sharing their tips to help you reach your goals. Website: http://fortune.com/ Facebook: / fortunemagazine Twitter: / fortunemagazine TikTok: / fortune #ai #amazon #technology

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