Artificial intelligence group closes in on $60bn valuation

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Google invests $1 billion in OpenAI rival Anthropic, FT reports

Google is making a fresh investment of more than $1 billion into OpenAI rival Anthropic, the Financial Times reported on Wednesday.

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Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.

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Google agrees to new $1 billion investment in Anthropic

Alphabet Inc’s (NASDAQ:GOOG) (NASDAQ:GOOGL) Google earmarked over $1 billion investment into OpenAI rival Anthropic, intensifying its rivalry with Microsoft Corp (NASDAQ:MSFT), Meta Platforms Inc (NASDAQ:META) and Amazon.Com Inc (NASDAQ:AMZN). In 2023, Google committed up to $2 billion to the Microsoft-backed OpenAI rival, Financial Times reports, citing unnamed sources familiar with the matter. The new tranche of money from Google into Anthropi…

Benzinga

New York

Anthropic Gains Big With Google Backing, Aims for $60 Billion Valuation and Surging AI Revenue - Alphabet (NASDAQ:GOOGL)

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday, January 22. 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…

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Philippines

Google to invest fresh $1 billion in OpenAI rival Anthropic – report

Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.

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Anthropic reportedly secures an additional $1B from Google

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Google invests further $1bn in OpenAI rival Anthropic

Google LLC, a division of Alphabet Inc., (GOOG) (GOOGL) has announced spending an additional $1 billion on the artificial intelligence startup Anthropic, a significant OpenAI competitor,

Seeking Alpha

Google to invest another $1B in Anthropic, OpenAI’s biggest rival - report (NASDAQ:GOOG)

Jan 22 - Google is making a fresh investment of more than US$1 billion into AI startup Anthropic, the Financial Times reported on Wednesday.
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Google to invest fresh US$1 bln in OpenAI rival Anthropic, FT reports

Financial Times:
Sources: Google is investing $1B+ more in Anthropic, which is also nearing a further $2B round from Silicon Valley VCs led by Lightspeed at a ~$60B valuation  —  Artificial intelligence group closes in on $60bn valuation  —  Google is making a fresh investment of more than $1bn into OpenAI rival Anthropic …

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California

Sources: Google is investing $1B+ more in Anthropic, which is also nearing a further $2B round from Silicon Valley VCs led by Lightspeed at a ~$60B valuation

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Google invests further $1bn in OpenAI rival Anthropic

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