FT reports that Google has agreed to invest in Anthropic for over $1 billion, an increase from the previously agreed-upon $2 billion investment in Anthropic. At the beginning of the month, there were news that Anthropic was negotiating with investors for a new $2 billion funding round, led by investment firm Lightspeed Venture Partners. The $1 billion from Google is said to be separate from Lightspeed’s investment round.
This news reflects a larger increase in investments from major technology companies in artificial intelligence companies. As readers of Blognone may already know, Microsoft is a major supporter of OpenAI, while Anthropic has received investments not only from Google but also from Amazon, amounting to $8 billion.
Anthropic has declined to comment on this news.
Source: Business Standard
TLDR: Google is investing over $1 billion in Anthropic, part of a larger trend of major tech companies increasing investments in AI firms like Anthropic.
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