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Instagram Co-founder Mike Krieger Takes New Role at AI Firm Anthropic

ByHuey Yee Ong

May 18, 2024
Instagram Co-founder Mike Krieger Takes New Role at AI Firm Anthropic

Instagram Co-founder Mike Krieger Takes New Role at AI Firm Anthropic

Instagram co-founder Mike Krieger has been appointed as the chief product officer of Anthropic, as announced on Wednesday, May 15th.

Mike Krieger, previously the chief technology officer at Meta-owned Instagram, was instrumental in expanding the platform’s user base to 1 billion and scaling its engineering team to over 450 members. His recent venture included co-founding and selling the personalized news app Artifact to Yahoo, showcasing his continuous influence in the tech sphere.

Anthropic, which was established by former OpenAI research executives, stands out not only for its innovations but also for the heavyweight backing it has received from tech giants such as Google, Salesforce, and Amazon. Over the past year, Anthropic has secured approximately $7.3 billion across five funding rounds, underscoring its rapid ascent in the AI sector.

The company recently introduced Claude 3, its most advanced suite of AI models yet, and launched its first enterprise solution along with an iOS app earlier this month. These initiatives are part of Anthropic’s broader strategy to diversify its offerings and enhance its enterprise applications, with plans to extend these services to Android users.

Krieger’s role at Anthropic will encompass overseeing product engineering, management, and design, as the company aims to broaden the adoption of its AI technologies, including its popular chatbot Claude. This bot competes directly with other major AI chatbots like OpenAI’s ChatGPT and Google’s Gemini, both of which have seen significant popularity in recent times.

The generative AI industry has witnessed exponential growth, with investments soaring to $29.1 billion across nearly 700 deals in 2023. This represents a more than 260% increase in deal value compared to the previous year, indicating robust interest and optimism in AI technologies.

Despite ethical concerns and the potential for bias, AI applications continue to permeate various sectors including education, healthcare, online advertising, and more, reshaping how these industries operate.

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Featured Image courtesy of DADO RUVIC/REUTERS

Huey Yee Ong

Hello, from one tech geek to another. Not your beloved TechCrunch writer, but a writer with an avid interest in the fast-paced tech scenes and all the latest tech mojo. I bring with me a unique take towards tech with a honed applied psychology perspective to make tech news digestible. In other words, I deliver tech news that is easy to read.

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