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Anthropic AI Raises $400 Million From Google: Report

Google’s investment came a few weeks after its rival Microsoft reportedly announced a $10 billion investment in OpenAI’s ChatGPT

Anthropic AI Raises $400 Million From Google: Report

Outlook Start-Up Desk

POSTED ON February 07, 2023 12:15 PM

San-Fransisco-based ai-driven start-up Anthropic AI has raised $400 million from tech giant Google.

However, both companies did not comment anything on the investment. Instead, the tech titan said that it had partnered with the start-up. The partnership will help Google to utilise Anthropic’s cloud computing service. 

Through this deal, Google will acquire a 10 per cent stake in Anthropic. 

According to a Crunchbase report, Anthropic is the rival of Microsoft-backed OpenAI. Its natural language chatbot, Claude had gone through a limited test in January. However, the platform has not been publicly released yet. 

Google’s investment came a few weeks after its rival Microsoft reportedly announced a $10 billion investment in OpenAI’s ChatGPT. Earlier, Microsoft invested in 2019 and 2021. 

Talking about the latest development, Dario Amodei, the chief executive officer (CEO) of Anthropic, said, “We are partnering with Google Cloud to support the next phase of Anthropic, where we're going to deploy our AI systems to a larger set of people.”

Anthropic will use Google’s cloud service to develop ‘reliable, interpretable and steerable AI systems’. Additionally, the cloud will also help the company to build a ‘robust AI platform.’ 

After Microsoft announced its large-scale investment in OpenI, Google’s CEO Sundar Pichai said that the tech giant would release the public version of its language models in the coming time. It has also planned an event on February 8, where it will discuss the future possibilities of AI. 
 

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