‘Google Commits $2B In Funding To AI Startup Anthropic; Google Move Follows Amazon Investment As Tech Giants Place Bigger Bets On Startups Racing To Develop Artificial Intelligence’ – WSJ

https://www.wsj.com/tech/ai/google-commits-2-billion-in-funding-to-ai-startup-anthropic-db4d4c50?mod=Searchresults_pos3&page=1 Google agreed to invest up to $2 billion in Anthropic, building on its earlier

https://www.wsj.com/tech/ai/google-commits-2-billion-in-funding-to-ai-startup-anthropic-db4d4c50?mod=Searchresults_pos3&page=1

 

Google agreed to invest up to $2 billion in Anthropic, building on its earlier investment in the artificial-intelligence company and adding fuel to the race between startups trying to achieve the next big breakthrough in the emerging technology.

Google invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, people familiar with the matter said. The investment follows a separate commitment

Amazon AMZN 6.52%increase; green up pointing triangle

made last month to invest $4 billion in the company, which was founded by former OpenAI engineers in 2021 with the goal of developing rival generative AI models. 

 

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