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Google to invest another $2B in AI firm Anthropic: Report

Published 10/28/2023, 01:01 AM
Updated 10/28/2023, 02:40 AM
© Reuters.

Google (NASDAQ:GOOGL) has doubled down on its artificial intelligence bets by investing another $2 billion into AI startup Anthropic, according to a new report.

Google has already invested $500 million upfront to Anthropic — a rival to ChatGPT creators OpenAI — and will pay off the remaining $1.5 billion over time, according to an Oct. 27 report by the Wall Street Journal (WSJ), which cited people familiar.

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