Bloomberg Technology
Amazon's Anthropic Deal and Hollywood Screenwriters' Deal
Sep 25, 2023
Amazon invests up to $4 billion in Anthropic, benefiting from access to key features and improved chips. Hollywood writers strike a deal with studios, including minimum staffing requirements and payment based on performance. Future discussions on customer support with auto flows technology and the impact of AI on BioPharm and transportation industries.
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Quick takeaways
- Amazon has made a deal with Anthropic worth up to $4 billion to expand its presence in the world of generative AI.
- Hollywood screenwriters have reached a tentative deal with studios to end their months-long strike.
Deep dives
The opportunity for digital transformation in the biotech industry
The biotech industry is lagging in terms of technology adoption, with scientists using multiple specialized applications and data trapped in silos. While about 60% of organizations are exploring machine learning and AI, there are challenges such as a talent gap and a lack of purpose-built tools for advancing science. Companies like Benchling are investing in automating data capture from instruments to facilitate data analysis and support machine learning in research and development.
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