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Google Invests Another $1 Billion in AI Developer Anthropic

Alphabet's Google is backing AI developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI. From a report: The new funding comes in addition to more than $2 billion that Google has already invested in Anthropic, according to a person familiar with...

Alphabet's Google is backing AI developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI. From a report: The new funding comes in addition to more than $2 billion that Google has already invested in Anthropic, according to a person familiar with the deal, who asked not to be named discussing a private matter. Like its peers, the company has been raising significant sums to sustain investment in expanding its computing capabilities and keep pace in a race to advance AI.

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