Google ups Anthropic investment by $1B

Google ups Anthropic investment by $1B
mobileworldlive.com

by Mike Robuck • 9 days ago

Google has invested an additional $1 billion in AI startup Anthropic, enhancing its competitive stance against OpenAI. This funding is part of a total investment exceeding $2 billion made in 2023. Anthropic is reportedly negotiating a $2 billion funding round that could value the company at $60 billion. Additionally, Amazon has invested $8 billion in Anthropic. The competition among tech giants is intensifying as they enhance their AI capabilities.

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