Get the latest tech news

Google has given Anthropic more funding than previously known, show new filings


Anthropic, a San Francisco startup often cast as an independent player in the AI race, has deeper ties to Google than previously known. Court documents

Court documents recently obtained by The New York Times reveal that Google owns a 14% stake in the company and is set to pour another $750 million into it this year through a convertible debt deal. Despite having no voting rights, board seats, or direct control over the company, Google’s backing raises questions about how independent Anthropic really is. As AI startups increasingly rely on funding from tech giants, regulators have scrutinized whether these deals give incumbents an unfair advantage, though the Justice Department just dropped a proposal that would have forced the sale of some of those stakes.

Get the Android app

Or read this on TechCrunch

Read more on:

Photo of Google

Google

Photo of funding

funding

Photo of Anthropic

Anthropic

Related news:

News photo

Google Is Poised to Acquire Eye-Tracking Startup for Future Glasses

News photo

Inside Google’s Investment in Anthropic

News photo

Anthropic’s stealth enterprise coup: How Claude 3.7 is becoming the coding agent of choice