Google invests $2 billion in competitor OpenAI
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Alphabet’s Google has agreed to invest up to $2 billion in artificial intelligence company Anthropic.
About this writes Reuters.
According to company representatives, Google has already invested $500 million in competitor OpenAI and has agreed to add another $1.5 billion over time.
“Google is already an investor in Anthropic, and the new investment will underline its growing efforts to better compete with Microsoft, the main backer of ChatGPT’s creator, OpenAI, as major tech companies try to bring AI into their applications,” it said. messages
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Also, in Amazon’s quarterly report to the US Securities and Exchange Commission, the online retailer said it invested $1.25 billion in Anthropic bonds, which can be converted into equity.
Co-founded by former OpenAI executives, siblings Dario and Daniela Amodei, Anthropic has struggled to secure the resources and deep-pocketed backers needed to compete with OpenAI and become a leader in the tech sector.
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Meta Platforms Corporation working over a new artificial intelligence system that should be as powerful as the most advanced model proposed by OpenAI.
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