Alphabet’s Google has invested about $400 million (roughly Rs. 3,299 crores) 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 tie-up between the tech giant and an AI startup in the form of Generative oh – Technology that can generate text and art in seconds – gets hot.
The deal gives Google a stake in Anthropic, but does not require the startup to spend money buying cloud services from Google, said the person who asked not to be identified because the terms were confidential.
“AI has moved from academic research to become one of the biggest drivers of technological change, creating new opportunities for growth and better services across all industries,” Google Cloud CEO Thomas Kurian said in a statement. “Google Cloud is providing open infrastructure for the next generation of AI startups, and our partnership with Anthropic is a great example of how we can help users and businesses leverage the power of reliable and responsible AI.” Have been.”
established in 2021 by former leaders of OpenAIIn January, Anthropic AI, including Daniela and Dario Amodi, released a limited test of a new chatbot named Cloud, a rival to the wildly popular OpenAI. chatgpt,
Google-Anthropic partnership follows high-profile $10 billion investment Microsoft In OpenAI, which built on $1 billion, the software giant poured in AI startups in 2019, with another round in 2021.
Such alliances give more established companies such as Microsoft and Google access to some of the most popular and advanced AI systems. Startups like Anthropic, in turn, need funding and cloud-computing resources that tech giants like Google can provide. Announcing the deal, Google said its cloud division will lend computing power and advanced AI chips that Anthropic plans to use to train and deploy its future AI products.
Anthropic’s language model assistant, Cloud, has not yet been released to the public, but the startup said it planned to expand access to the chatbot “in the coming months.”
The deal underscores Google’s commitment to AI, particularly in the ways it can be expanded beyond the company’s core search business. “I’m excited by the AI-powered leap we’re about to unveil in search and beyond,” Alphabet CEO Sundar Pichai said Thursday. He added that Google intends to release chatbots “in the coming weeks and months” and allow consumers to use such products “as companions to search”.
Google’s investment in Anthropic was first reported by the Financial Times.
© 2023 Bloomberg L.P.