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Anthropic, a San Francisco-based artificial intelligence startup with backing from Alphabet and Amazon.com, has unveiled its latest chatbot technology targeted at businesses. The company released a family of AI models called Claude 3 in March, claiming that it surpasses offerings from competitors like Microsoft-backed OpenAI and Google. With the launch of an app for Apple’s iPhones on Wednesday, Anthropic is offering Claude 3 to businesses for $30 per user per month, with a minimum of 5 users required to sign up.

This move puts Anthropic in direct competition with OpenAI, which also offers a business plan at the same rate. However, it could also create competition with Anthropic’s backers Google and Amazon, who are also targeting business spending on AI. Tensions are already emerging in the AI sector, with reports of OpenAI’s CEO pitching the firm’s business offering directly to Microsoft’s customers.

One of the standout features of Claude 3 is its ability to process large amounts of data – equivalent to the length of two books – and summarize, analyze, or extract key information accurately. Anthropic highlighted its usefulness for finance teams creating investment reports, engineering teams managing large codebases

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