Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI. A fresh injection of funding for the AI start-up is underway after the tech giant reportedly made another huge investment into the startup,
Isomorphic was spun out of Google’s AI research arm Google DeepMind in 2021, but remains a wholly owned subsidiary of its parent company, Alphabet. The start-up’s potential has attracted big pharmaceutical partners, which are keen to lower expenses and boost efficiency of the costly drug development process.
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion.
The UK’s competition watchdog has opened an investigation into Google to determine if its position in search services should warrant a special status for the company, which could see it bound by certain conduct rules.
Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash
Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.
Jan 14 (Reuters) - The European Commission is reevaluating its probes into tech giants including Apple (AAPL.O), opens new tab, Meta (META.O), opens new tab and Alphabet's (GOOGL.O), opens new tab Google, the Financial Times reported on Tuesday.
Google is set to invest over $1 billion in AI startup Anthropic, separate from Anthropic's recent $2 billion funding round led by Lightspeed Venture Partners.
The European Commission is reevaluating its probes into Apple, Meta, and Google's regulatory scrutiny under the Digital Markets Act. This review could alter the current probes, affecting decisions and potential fines.
But the U.S. companies have one major disadvantage: secrecy. For years, Silicon Valley has operated on a closed-door model, keeping AI breakthroughs locked behind proprietary systems. DeepSeek’s decision to make R1 open source has flipped that narrative.
Asian shares rallied yesterday after US President Donald Trump said he thought he could reach a trade deal rather than impose tariffs on China.The SET index moved in a range of 1,338.29 and 1,363.92 points this week,