Anthropic Says Google To Pump $40 Billion Into AI Startup
Google plans to invest up to $40 billion in AI firm Anthropic, with an initial $10 billion investment and $30 billion more tied to performance milestones. Anthropic will use Google's custom chips and cloud services to power its AI technology.
Google is planning to invest up to $40 billion in Anthropic, an artificial intelligence firm. The investment includes an initial $10 billion from Google, with the remaining $30 billion dependent on meeting performance milestones. Anthropic will use Google's custom chips and cloud computing services to power its technology. The deal expands a long-standing alliance between the two companies. Amazon recently announced a similar investment plan in Anthropic, with an initial $5 billion investment and up to $20 billion more tied to performance goals. Anthropic has committed to spending over $100 billion on Amazon Web Services technology in the coming decade.
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