This is the best summary I could come up with:

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Anthropic, the AI startup co-founded by ex-OpenAI execs, has released an updated version of its faster, cheaper text-generating model available through an API, Claude Instant.

“Claude Instant generates longer, more structured responses and follows formatting instructions better,” Anthropic writes in a blog post.

As we’ve reported previously, Anthropic’s ambition is to create a “next-gen algorithm for AI self-teaching,” as it describes it in a pitch deck to investors.

Such an algorithm could be used to build virtual assistants that can answer emails, perform research and generate art, books and more — some of which we’ve already gotten a taste of with the likes of GPT-4 and other large language models.

Rather, it’s intended to compete with similar entry-level offerings from OpenAI as well as startups such as Cohere and AI21 Labs, all of which are developing and productizing their own text-generating — and in some cases image-generating — AI systems.

Claude powers DuckDuckGo’s recently launched DuckAssist tool, which directly answers straightforward search queries for users, in combination with OpenAI’s ChatGPT.

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I’m a bot and I’m open source!