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Google Invests $2 Billion in AI Creator Anthropic in Ongoing AI Arms Race with Microsoft and Amazon

Google Invests $2 Billion in AI Creator Anthropic in Ongoing AI Arms Race with Microsoft and Amazon

Cointime2023/10/28 00:06
By: Cointime
AIOLD0.00%

Google is increasing its investment in Anthropic, the creators of Claude AI, with a $2 billion commitment. The investment will be made in two payments of $500 million and another of $1.5 billion. This is a significant increase from the $400 million Google invested in Anthropic in February. Amazon has also committed to investing $4 billion in Anthropic. The investment is part of the ongoing AI arms race between Google, Microsoft, and Amazon.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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