Google To Invest On Anthropic: OpenAI's Competitor

Anthropic is a research and safety firm for AI. The Anthropic also aims to create steerable, comprehensible, and trustworthy AI systems. Anthropic is an artificial intelligence firm and has received an investment of up to $2 billion from Alphabet (GOOGL.O). As said by a representative for the company announced on Friday. Dario Amodei, the former vice president of research at OpenAI, and also his sister Daniela, the vice president of safety and policy at OpenAI, created Anthropic. On Anthropic's founding team were a number of additional OpenAI research grads. According to the spokeswoman, the business has committed to investing an additional $1.5 billion over time. Having already put $500 million into the OpenAI rival. Read More- Google Requires Android Apps to Improve AI Content Moderation As Big Tech companies scramble to incorporate AI into their products, Google already invests in Anthropic. This would be stepping up its efforts to better compete with Microsoft (MSFT.O), a big sponsor of ChatGPT inventor OpenAI. In order to compete with expanding cloud rivals on AI, Amazon.com (AMZN.O) also announced last month that it will spend up to $4 billion on Anthropic. The online retailer revealed that it has invested in a $1.25 billion note from Anthropic. That can be converted to equity in its quarterly report to the U.S. Securities and Exchange Commission this week. It also has the ability to invest up to $2.75 billion in an additional note that expires in the first quarter of 2024.