Google is taking a 10 per cent stake worth $300mn in artificial intelligence start-up Anthropic, becoming the latest tech giant to invest in the booming field.
Google has invested about $300mn in artificial intelligence start-up Anthropic, making it the latest tech giant to throw its money and computing power behind a new generation of companies trying to claim a place in the booming field of «generative AI».
Google’s move highlights the influence that a small number of Big Tech companies have assumed over other businesses working on AI, which need access to cloud computing platforms to handle the giant AI models developed by groups such as Anthropic.
The search company’s investment also echoes the $1bn cash-for-computing investment that Microsoft made in OpenAI three years ago. Both OpenAI and Anthropic are seeking to make developments in generative AI, computer programs that can write scripts and create art in seconds.
While Microsoft has sought to integrate OpenAI’s technology into many of its services, Google’s relationship with Anthropic is limited to acting as the company’s tech supplier in what has become an AI arms race, according to people familiar with the arrangement.
It's a scary but awesome time to be alive. I can't wait to see what the next years will bring. AI that could maybe, possibly find cures for diseases we couldn't? AI that helps us create better road systems? Better buildings? A better future?
ReplyDeleteChange is coming whether we like it or not. It's better to be a part of it then to be afraid of it. There are dangers to this as there are with anything else but there's also unlimited potential.
DeleteI'm surprised they invested only $300 millions in Anthropic. Is it because Anthropic didn't allow them to invest more and have a larger share?
ReplyDeleteCould be. Maybe Anthropic wants to be independent and not let any one company dictate what they can do or not do. And it's better this way. Creativity can't be shackled.
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