Alphabet’s Google plans to invest a substantial amount, approximately $2 billion, in Anthropic, an artificial intelligence company. They’ve already invested $500 million in the OpenAI competitor and intend to further bolster their investment by adding $1.5 billion.
The increased investment positions Google more strongly against Microsoft, a major supporter of OpenAI, creator of ChatGPT. Anthropic also boasts investments from other significant entities like Salesforce and Zoom. Amazon has announced its intention to invest up to $4 billion in Anthropic to enhance its AI capabilities, aiming to rival competitors in the cloud service sector.
In previous dealings, Google initially invested $300 million in Anthropic, acquiring a 10% stake. Anthropic, recognized for its AI work, was among the four companies invited to a White House meeting focusing on responsible AI development. The other attendees included Google’s parent company, Alphabet, Microsoft, and OpenAI.
Anthropic was established by siblings Dario Amodei and Daniela Amodei, both of whom were former executives at OpenAI. The company recently announced the development of a new chatbot after an extensive two-month effort involving a team of 30 to 35 individuals. Dario Amodei emphasized the significant demand for large language models in the industry and the substantial potential for various users to harness these systems.
He also highlighted the vast landscape within the sector and the opportunities it presents for diverse users to leverage these AI technologies. The business landscape is currently witnessing a surge in demand, which surpasses the industry’s current capacity to supply these advanced language models.
