Google has recently invested $300 million in Anthropic, a startup that is considered a rival to OpenAI and its language model ChatGPT. The investment has officially put Google in the competition to create the best generative AI. According to The Financial Times, Google is taking a 10% stake in Anthropic and its AI model Claude.
Anthropic is a relatively new player in the field of AI, but it already boasts an impressive history. The startup was founded in 2021 by former OpenAI researchers and managed to raise $580 million in funding last April, mostly from the cryptocurrency exchange FTX. However, FTX has since become embroiled in controversy and disgrace.
Google’s investment in Anthropic comes just a few weeks after Microsoft, the parent company of LinkedIn, announced its investment of $10 billion in OpenAI. These investments reflect the growing importance of generative AI in the tech industry and the intense competition among tech giants to dominate this field.
Anthropic’s AI model Claude aims to create high-quality synthetic data that can be used in a variety of applications, including training machine learning algorithms. With Google’s investment, Anthropic and Claude have the potential to become major players in the AI industry and challenge OpenAI and ChatGPT’s dominance.