Google is increasing its investment in Anthropic, an OpenAI rival, by more than $1 billion. This move comes as Silicon Valley companies race to develop advanced artificial intelligence systems. Anthropic, known for its Claude AI models, is one of the leading generative AI companies. Google aims to diversify its AI business and compete with Microsoft, Meta, and Amazon.
Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic , boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial intelligence systems. Photograph; Jeff Chiu/AP Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic , boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial intelligence systems.
Google invented the technology on which models such as Claude and OpenAI’s GPT4 are built, but it has lagged behind in the race to commercialise the powerful technology. The Anthropic investment is part of the Silicon Valley company’s efforts to diversify its AI business and take on deep-pocketed competitors, including Microsoft, Meta and Amazon.
Under outgoing commissioner Lina Khan, the FTC had targeted investments from Google and Amazon into Anthropic and Microsoft’s partnership with OpenAI, reviewing the impact of the deals on competition in the nascent sector. But with Khan stepping down in the coming weeks, dealmakers are growing more confident in their ability to forge tie-ups.
Artificial Intelligence Anthropic Google Investment Openai
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