Google AI funding

Photo: Pymnts.com

Google Announces $2 Billion In AI Startup

Google has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report. Google has already invested $500 million upfront to Anthropic—a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, said a post released on October 27. The mega-deal adds to Google’s $550 million investment into Anthropic earlier in the year.

Sat, 28 Oct 2023 - 10:51 AM / by Varsha Joshi

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