AI
Google to invest fresh $1 billon in OpenAI rival Anthropic: Reports
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Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday.
This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round, led by Lightspeed Venture Partners, valuing the firm at about $60 billion.
The FT said that Google’s new investment was separate from the Lightspeed funding round.
Anthropic, a major competitor of OpenAI in the AI foundation model space, declined to comment. Google did not immediately respond…
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