Google Said to Have Invested $400 Million in OpenAI's ChatGPT Rival Anthropic

Alphabet's Google has invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI's ChatGPT, according to a person familiar with the deal.

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Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google's cloud computing services.

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The deal marks the latest alliance between a tech giant and an AI startup as the field of generative AI — technology that can generate text and art in seconds — heats up.

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The deal gives Google a stake in Anthropic, but doesn't require the startup to spend the funds buying cloud services from Google, said the person who asked not to be identified because the terms were confidential.

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“AI has evolved from academic research to become one of the biggest drivers of technological change, creating new opportunities for growth and improved services across all industries,” Thomas Kurian, chief executive officer of Google Cloud, said in a statement.

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“Google Cloud is providing open infrastructure for the next generation of AI startups, and our partnership with Anthropic is a great example of how we're helping users and businesses tap into the power of reliable and responsible AI.”

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Google Said to Have Invested $400 Million in OpenAI's ChatGPT Rival Anthropic

Anthropic AI, founded by former OpenAI founders, released a limited test of a new chatbot named Claude in January.

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Alphabet's Google has invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI's ChatGPT, according to a person familiar with the deal.

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Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google's cloud computing services.

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The deal marks the latest alliance between a tech giant and an AI startup as the field of generative AI — technology that can generate text and art in seconds — heats up.

Brought to you by Trickyenough

The deal gives Google a stake in Anthropic, but doesn't require the startup to spend the funds buying cloud services from Google, said the person who asked not to be identified because the terms were confidential.

Brought to you by Trickyenough

“AI has evolved from academic research to become one of the biggest drivers of technological change, creating new opportunities for growth and improved services across all industries,” Thomas Kurian, chief executive officer of Google Cloud, said in a statement.

Brought to you by Trickyenough

“Google Cloud is providing open infrastructure for the next generation of AI startups, and our partnership with Anthropic is a great example of how we're helping users and businesses tap into the power of reliable and responsible AI.”

Brought to you by Trickyenough