Google Invests Nearly $400 Million into Anthropic, ChatGPT’s competitor

Google just invested a ton of money, around $400 million, into a startup called Anthropic. They’re working on a competitor to ChatGPT, which is made by OpenAI. Neither Google nor Anthropic will say anything about the investment, but they did announce that they’re working together. Anthropic will use Google’s cloud computing services. This is just the latest example of big tech companies teaming up with AI startups. The field of AI technology that can create text and art quickly is getting more and more competitive. Google now has a share in Anthropic, but the startup doesn’t have to use the money to buy services from Google.

According to Thomas Kurian, CEO of Google Cloud, AI has become a major driving force in technology and is providing growth opportunities and improved services across industries. Google Cloud is working to support the next generation of AI startups and their partnership with Anthropic is a great example of how they’re helping people and businesses access reliable and responsible AI. Anthropic was founded in 2021 by former leaders of OpenAI, including siblings Daniela and Dario Amodei. They recently released a test of a new chatbot named Claude, which is a rival to OpenAI’s popular ChatGPT.

The partnership between Google and Anthropic comes after Microsoft made a big investment of $10 billion in OpenAI, building on their previous investments of $1 billion in 2019 and another round in 2021.

These partnerships allow well-established companies like Microsoft and Google to get their hands on some of the most cutting-edge and popular AI systems. Meanwhile, startups like Anthropic benefit from funding and access to cloud computing resources that a tech giant like Google can provide. Google Cloud will offer computing power and advanced AI chips to support Anthropic’s future AI product development. Anthropic’s language model assistant, Claude, is not yet available to the public, but the startup plans to roll it out more widely in the near future.

It’s all really exciting to see how quickly things are progressing, but at the same time here’s hoping AI doesn’t replace us entirely some day.


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