Google further increases stake in Anthropic by $1 billion  

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The news brings Google’s total investment in the AI specialist to $3 billion and builds on their existing 10% ownership share 

Google has ramped up its financial support for OpenAI rival Anthropic, investing a further $1 billion in the company looking to take on ChatGPT. 

Anthropic, the developer behind the AI chatbot Claude, says it will leverage this new funding to accelerate the development of its latest Claude model and additional AI tools and solutions..  

Among its plans are the introduction of two-way voice chat and web access for Claude and the creation of the “Virtual Collaborator” system designed to integrate with platforms such as Slack and Google Docs. 

Having only been established in 2021 by former OpenAI executives Dario and Daniela Amodei, Anthropic immediately attracted enormous investment from interest tech giants; Amazon invested £8 billion into the company (which was the company’s largest ever venture investment), while Google took an initial $2 billion stake and Microsoft, Salesforce, and Zoom also all made undisclosed investments. 

As part of Amazon’s investment, Anthropic is working to improve Amazon’s AI training hardware Trainium. 

“Generative AI is poised to be the most transformational technology of our time, and we believe our strategic collaboration with Anthropic will further improve our customers’ experiences, and look forward to what’s next,” said Dr. Swami Sivasubramanian, vice president of Data and AI at AWS in Amazon’s press release in March. 

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