According to Mars Finance, Google is in preliminary negotiations with AI company Anthropic, planning to increase its investment. Sources say the new round of financing could value Anthropic at over $350 billion. The deal may include strategic investments (with Google providing more cloud computing services to Anthropic), Convertible Bonds, or a new round of priced financing starting early next year. The New York Times reported in March this year, citing legal documents, that Google has invested over $3 billion in Anthropic, holding about 14%. The latest negotiations come as Anthropic competes with its main rival OpenAI in a multi-trillion-dollar race for dominance in generative AI models. Meanwhile, the tech giants are becoming polarized: Amazon and Google support Anthropic, while Microsoft and Nvidia have invested billions in OpenAI.
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Google is in talks to increase investment in Anthropic, which may be valued at over $350 billion.
According to Mars Finance, Google is in preliminary negotiations with AI company Anthropic, planning to increase its investment. Sources say the new round of financing could value Anthropic at over $350 billion. The deal may include strategic investments (with Google providing more cloud computing services to Anthropic), Convertible Bonds, or a new round of priced financing starting early next year. The New York Times reported in March this year, citing legal documents, that Google has invested over $3 billion in Anthropic, holding about 14%. The latest negotiations come as Anthropic competes with its main rival OpenAI in a multi-trillion-dollar race for dominance in generative AI models. Meanwhile, the tech giants are becoming polarized: Amazon and Google support Anthropic, while Microsoft and Nvidia have invested billions in OpenAI.