AI and Machine Learning

Google invests in AI start-up Anthropic for generative AI development

Google invests in AI start-up Anthropic for generative AI development as the tech giant puts $300 million , taking a stake of around 10%. This move highlights the significant impact big tech companies have on AI start-ups, as they require access to cloud computing platforms to handle the massive AI models being developed. Google invests in AI start-up Anthropic for generative AI development to catch up with Microsoft’s lead in the AI market and secure a bigger foothold in the industry.

Google’s investment mirrors the $1 billion Microsoft invested in OpenAI three years ago, setting the company on a path to build innovative AI systems. OpenAI and Anthropic are working on generative AI, computer programs that can create art and write scripts in seconds. Anthropic was formed in 2021 when a group of researchers left OpenAI due to concerns about the company’s direction. The start-up has developed an intelligent chatbot named Claude, which is yet to be publicly released.

As part of the deal, Anthropic must use the investment to purchase computing resources from Google’s cloud computing division. Google invests for bringing the start-up’s data-intensive computing work to Google’s data centres. Google’s cloud division is also working with start-ups such as Cohere and C3 to expand its AI capabilities.

Both Google and Anthropic declined to comment on the investment, and the level of influence Google may have over the start-up’s business.

More About AI:

Aizaz khan

I'm an accomplished author passionate about technology and innovation, AI, and mobile phones and gaming. My career is dedicated to simplifying complex tech concepts, connecting them to everyday life. Join me in exploring the exciting future of technology.

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button