Google agrees to invest up to $2 billion in OpenAI rival Anthropic

Google is already an investor in Anthropic, has invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time; the fresh investment would underscore a ramp-up in its efforts to better compete with Microsoft a major backer of ChatGPT creator OpenAI, as Big Tech companies race to infuse AI into their applications. also said it would invest up to $4 billion in Anthropic to compete with growing cloud rivals on AI.

Source: Reuters






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