The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to comment.
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday.
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.
The UK’s competition watchdog has launched an investigation into Apple and Google’s mobile platforms, just days after the government forced out its chair as part of a push to cut the regulatory burden on business.
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
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.
Days after Donald Trump last took office in 2017, Google co-founder Sergey Brin joined a protest against the new administration’s immigration policies, warning they threatened the US’s “fundamental values”.