Google to invest another $1B in Anthropic: FT
According to the Financial Times, Alphabet's Google (GOOG, GOOGL) is reportedly expanding its investment in artificial intelligence firm Anthropic with an additional $1 billion commitment. This latest investment would build upon Google's existing stake in the AI company,
Google increases investment in Anthropic by another $1 billion
The new tranche of money from Google into Anthropic adds to a total investment of $8 billion from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.
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