Google invests in ChatGPT rival Anthropic

Google invests in ChatGPT rival Anthropic

Google has invested nearly $400 million in Anthropic, an artificial intelligence startup testing a competitor to OpenAI’s ChatGPT.

Although they separately announced a partnership in which Anthropic will use Google’s cloud computing facilities, Google and Anthropic declined to comment on the investment. With the field of generative AI – technology that can produce text and art in seconds – heating up, the deal marks the most recent partnership between a tech behemoth and an AI startup. Recently, Microsoft invested $10 billion in OpenAI.

According to media reports, the agreement provides Google a share in Anthropic, founded in 2021, but does not force the business to use the money to purchase cloud services from Google.

“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.

“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,” Kurian added.

Google Anthropic to compete with ChatGPT

In order to compete with OpenAI’s enormously successful ChatGPT chatbot, Anthropic AI published a restricted test of a new chatbot named Claude in January.

Such partnerships open access to some of the most well-known and cutting-edge AI systems for more seasoned businesses like Microsoft and Google. A tech major like Google can give the finance and cloud computing resources that startups like Anthropic require.

Google stated that its cloud business would give Anthropic computing power and cutting-edge AI chips to develop and train its future AI products.

Although Claude, Anthropic’s language model assistant, hasn’t yet been made available to the general public, the business stated it would “in the next months” increase access to the chatbot.


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