The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.

April 24 : Google-parent Alphabet will invest up to $40 billion in Anthropic, as the tech giant deepens its partnership with the artificial intelligence startup that is also its rival in the global AI race. Anthropic said on Friday that Google has committed $10 billion now in cash at a valuation of $350 billi

Google is set to invest $40 billion in AI startup Anthropic, intensifying competition in the artificial intelligence sector.

Google is planning to invest up to $40 billion in Anthropic, the artificial intelligence firm confirmed Friday, expanding a long-standing alliance between the two companies. The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology. An Anthropic representative…

Google plans to invest up to $40 billion more in Anthropic, starting with $10 billion now and another $30 billion tied to performance milestones. CNBC reports: Anthropic said the agreement expands on a longstanding partnership between the two companies. Earlier this month, Anthropic secured 5 gigaw...