Sign up to save tools and stay up to date with the latest in AI
bg
bg
1

Google Invests Another $1 Billion in AI Developer Anthropic - Slashdot

Jan 22, 2025 - tech.slashdot.org
Alphabet's Google is increasing its investment in AI developer Anthropic with an additional $1 billion, building on more than $2 billion previously invested. This move strengthens Google's stake in Anthropic, a key competitor to OpenAI, and is part of a business agreement involving the use of Google's online tools and services. Anthropic, based in San Francisco, is recognized for its Claude family of large language models.

The company is actively raising funds to enhance its computing capabilities and remain competitive in the AI sector. This new investment follows reports that Anthropic is in advanced discussions to secure $2 billion in a funding round led by Lightspeed Venture Partners, potentially valuing the startup at $60 billion. Amazon is also among Anthropic's major backers.

Key takeaways:

  • Alphabet's Google is investing an additional $1 billion in AI developer Anthropic, increasing its stake in the company.
  • Google has already invested over $2 billion in Anthropic and has a business agreement for the use of online tools and services.
  • Anthropic, based in San Francisco, is known for its Claude family of large language models, competing with OpenAI's GPT.
  • Anthropic is reportedly in advanced talks to raise $2 billion in a funding round led by Lightspeed Venture Partners, potentially valuing the startup at $60 billion.
View Full Article

Comments (0)

Be the first to comment!