Anthropic, founded by former OpenAI engineers, is developing rival generative AI models. The startup has raised nearly $7 billion in funding over the past year, including large-scale agreements with Amazon and Google for the training and operation of its AI models. Google has also invested in other AI startups such as Runway and Hugging Face, and is developing its own AI systems, including the unreleased Gemini algorithm.
Key takeaways:
- Google has committed to invest up to $2 billion in artificial intelligence startup Anthropic, which also secured a multi-billion dollar investment from Amazon.
- Anthropic has also reportedly secured a multiyear deal with Google Cloud worth more than $3 billion.
- Anthropic's founders, Dario and Daniela Amodei, left OpenAI two years ago amid a disagreement over the safe development of AI and have since competed with OpenAI for critical training resources and backing from investors.
- Google has also made substantial investments in other AI startups such as Runway and Hugging Face, and is developing proprietary AI systems, including the yet-to-be-released algorithm known as Gemini.