Anthropic, an artificial intelligence startup, has received around $300 million investment from Google. As the field of generative AI technology, which can generate text and art in seconds, heats up, the deal represents the most recent alliance between an AI startup and a tech giant.
Google and Anthropic reportedly declined to comment on the investment but separately announced a partnership in which Anthropic will make use of Google’s cloud computing technologies.
According to the statement of Thomas Kurian, Chief Executive Officer of Google Cloud, academic research on AI has developed into one of the major forces driving technological advancement, opening up new business prospects and enhancing services in all industries.
Consequently, with its partnership with Anthropic, Google Cloud is demonstrating how it can assist people and companies in harnessing the potential of reliable and responsible AI. Google Cloud is offering open infrastructure for the next wave of AI startups.
Anthropic AI, a company founded in 2021 by former executives of OpenAI Inc., including the Amodei siblings, Daniela and Dario, released a limited test of Claude in January, a new chatbot to compete with ChatGPT from OpenAI.
The Google-Anthropic partnership comes after Microsoft Corp. made a high-profile $10 billion investment in OpenAI, building on the $1 billion it had already invested in the AI firm in 2019 and another round in 2021.
Such partnerships open up access to some of the most well-known and cutting-edge AI systems for more established companies like Microsoft and Google. A tech giant like Google can give the finance and cloud computing resources that startups like Anthropic require. Google’s cloud business will provide Anthropic with advanced AI chips and computing power to train and deploy its upcoming AI products, according to the company’s announcement of the arrangement.
Although Claude, Anthropic’s language model assistant, hasn’t yet been made available to the general public, the business stated it would in the next month’s increase access to the chatbot.
The deal highlights Google’s commitment to AI, especially in light of potential future applications outside of the company’s main search business.
Alphabet CEO Sundar Pichai is excited by the AI-driven leaps they’re about to unveil in Search and beyond. He also said Google intended to release chatbots in the coming weeks and months and allow consumers to use such products “as a companion to search.”
