Global tech giant Google is massively upping its investment in Anthropic, creators of Claude AI. The $2 billion investment, first reported by the Wall Street Journal and confirmed by an Anthropic spokesperson to Decrypt, will be made in two payments of $500 million and another of $1.5 billion. This is a significant increase from the $400 million the global search giant put into Anthropic in February. Additionally, Amazon committed to investing $4 billion in Anthropic last month. The hefty investment from Google is the latest move in the ongoing AI arms race between Google, Microsoft, and Amazon. Microsoft announced a partnership worth $3.2 billion with the Australian government to build data centers and provide training in artificial intelligence to Australian citizens, and Google also invested in the Oceanic country to the tune of $1 billion. Google also launched its own ChatGPT competitor called Google Bard in February, and last month they launched the $20 million Digital Futures Project to support “responsible AI” development. This indicates that Google is attempting to stay ahead of the competition in the AI industry, while also ensuring ethical development of AI technologies. #Google #AI #Anthropic #ClaudeAI #DigitalFuturesProject
You can read more about this topic here: Decrypt: Google Doubles Down with $2 Billion Investment in Claude AI Developer Anthropic
