Anthropic, a rival of OpenAI in the race to become a dominant tech company in the upcoming generation of AI software, has recently unveiled an updated version of their chatbot Claude, boasting a doubled speed.

During the launch event on Thursday, product manager Michael Gerstenhaber highlighted that the Claude 3.5 Sonnet model excels in writing software code and formulating texts.

Targeting primarily companies, Anthropic aims to establish a presence in the legal and financial sectors. One of their notable clients, pharmaceutical giant Pfizer, utilizes the AI to aid in drug development.

Introducing a new feature called Artifacts, Anthropic’s latest model allows for AI-generated content to be shared and collaboratively processed by employees.

Anthropic offers three versions of Claude: Haiku for speed optimization, Opus for intelligence enhancement, and Sonnet as a balanced option between the two.

The company claims that the new Sonnet 3.5 model surpasses the speed and power of the previously released top model Claude 3 Opus, showcasing their position as a frontrunner in the industry, as per Gerstenhaber.

In a competitive landscape, companies like OpenAI, Google, Meta (formerly Facebook), and other startups including Anthropic are all striving to develop cutting-edge AI models. In a recent development, OpenAI introduced the ChatGPT-4o, demonstrating its capability to hold natural conversations with humans.

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