Alphabet Inc’s (NASDAQ: GOOG) (NASDAQ: GOOGL) Google has committed to a substantial investment in Anthropic, an artificial intelligence startup. This move intensifies the competition among tech giants and startups aiming for the next significant AI advancement.
Google’s recent commitment involves an initial $500 million, with plans to invest an additional $1.5 billion in the future, The Wall Street Journal reports. This comes on the heels of Amazon.com Inc (NASDAQ: AMZN)’s decision last month to pour $4 billion into Anthropic. The AI company, established by ex-OpenAI engineers in 2021, is focused on creating AI models that can rival those of OpenAI.
