Amazon engineers are reportedly distilling Anthropic models to cut costs before new token-based pricing kicks in

Amazon engineers are distilling Anthropic models to reduce costs ahead of a new token-based pricing model. This move aims to optimize expenses while maintaining access to advanced AI capabilities.
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Databricks wanted to raise $1B, investors wanted $15B. It settled on $5B at a $190B valuation.
Databricks aimed to raise $1B but settled for $5B at a $190B valuation after investors pushed for a $15B target. This funding will help Databricks expand its AI and data platform offerings.