FILE PHOTO: Anthropic logo is seen in this illustration taken March 31, 2023. REUTERS/Dado Ruvic/Illustration/File Photo
The San Francisco-based firm, backed by Alphabet and Amazon.com, in March released a family of artificial intelligence models called Claude 3 that it says outperforms those from rivals such as Microsoft-backed OpenAI and Google. The move sets up more direct competition with OpenAI, which is also selling a plan aimed at businesses at the same rate. But Anthropic's new enterprise technology push could also bring it into competition with its backers Google and Amazon, who also want to capture business spending on AI.
One of Claude 3's biggest features is the ability ingest a lot of data - about the length of two books - and summarize it, analyze it or pull out a single piece of data accurately. Anthropic said it can be used by finance teams to generate investment reports, engineering teams working on large bases of code or sales teams collaborating on how to land a large client.