The deal gives Google a stake in Anthropic, but doesn’t require the startup to spend the funds buying cloud services from Google, said the person who asked not to be identified because the terms were confidential.
Alphabet Inc.’s Google has invested almost US$400 million ($529.3 million) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI’s ChatGPT, according to a person familiar with the deal.
Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google’s cloud computing services. The deal marks the latest alliance between a tech giant and an AI startup as the field of generative AI — technology that can generate text and art in seconds — heats up.
