Google Invests $300M In Anthropic As Tech’s AI Arms Race Heats Up – Crunchbase News

Earlier this week, news broke that San Francisco-based AI startup and rival to ChatGPT Anthropic was raising a $300 million round.

On Friday it was revealed the investor offering up the money would be none other than tech titan Google — obviously not willing to stand idly by and let Microsoft win the battle for AI supremacy.

The deal, as reported, seems similar to the $1 billion investment in 2019 from Microsoft into OpenAI. That deal tied the AI startup to Microsoft’s cloud computing division.

The Anthropic deal will marry the startup to Google’s cloud, and give Google a 10% stake in the company.

Anthropic’s AI chatbot, Claude, is in closed beta mode, but in a paper detailing its goals, it is expected to combat harmful prompts by explaining why they are dangerous or misguided.

This is not Google’s and its parent Alphabet’s first foray into AI. Alphabet bought DeepMind, a London-based AI startup founded in 2010, in 2015 and is building an NLP model similar to ChatGPT.

AI dominance

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