Anthropic unveils its most powerful AI chatbot to date

on Mar 4, 2024
  • Anthropic's Claude 3 beats Gemini and GPT-4 on industry benchmarks.
  • It can handle up to 200,000 words versus 75,000 for its previous version.
  • The AI startup has raised a total of about $7.3 billion over the past year.

Follow Invezz on Telegram, Twitter, and Google News for instant updates >

All eyes are on Anthropic today after the artificial intelligence company debuted Claude 3 – its fastest and most powerful chatbot to date.

Are you looking for signals & alerts from pro-traders? Sign-up to Invezz Signals™ for FREE. Takes 2 mins.

Claude 3 outperforms Gemini Ultra and GPT-4

Copy link to section

The California-based company says its new suite of AI models beats Gemini Ultra (Google) as well as GPT-4 (OpenAI) on industry benchmarks.

It’s the first time for Google and Amazon backed Anthropic to offer multimodal support. Dario Amodei – its chief executive said on Monday:

This is the Rolls-Royce of models, at least at this point in-time.

Claude 3 can handle up to 200,000 words versus 75,000 that its previous version could summarise and some 3,000 words for ChatGPT. Anthropic has raised a total of about $7.3 billion over the past year.

Anthropic’s Claude 3 is a higher priced offering

Copy link to section

Anthropic has priced its Claude 3 Opus at $15 per one million tokens versus $10 for the GPT-4 Turbo model.

Still, Daniela Amodei – cofounder and president of the AI startup is convinced that a higher price tag would likely not make customers shy away from picking Claude 3 Opus for “cognitively complex tasks”.

She did confirm, however, that Claude 3 wouldn’t “produce” images though because “we’ve seen much less enterprise demand for them”.

Anthropic will sell its Claude 3 models directly in about 159 countries and they’d be available via the cloud platforms of Google and Amazon as well.


Want easy-to-follow crypto, forex & stock trading signals? Make trading simple by copying our team of pro-traders. Consistent results. Sign-up today at Invezz Signals™.

Learn more
USA AI North America Stock Market Tech World