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.
The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.
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,
Google is making a fresh investment of more than $1bn into ... Anthropic’s revenue hit an annualised $1bn in December, up roughly 10 times on a year earlier, according to a person with knowledge of the company’s finances. Nonetheless, investors are ...
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.
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.
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion.
Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash
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.
Up to the start of 2024, Google’s self-driv­ing project Waymo had fer­ried pub­lic pas­sen­gers for 1mn trips since the ini­ti­at­ive began in 2009, not 1mn miles
The formation of a new political party by students is a possibility and they are campaigning, Chief Adviser of the interim government Muhammad Yunus told the Financial Times. Speaking on a podcast during his visit to Davos,