The rapid development of AI systems over the past two years has stretched American infrastructure, with data centres emerging as a particular bottleneck. Cutting-edge chatbots such as OpenAI’s ChatGPT, Google’s Gemini and Anthropic’s Claude require enormous amounts of data and computing power to train and run.
The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.
Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round,
The Stargate project, announced at the White House, involves an initial investment of $100bn, with plans to increase this to $500bn over the next four years.
The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.
OpenAI, as you likely know, is one of tech’s biggest unicorns. A group of entrepreneurs and researchers, including Elon Musk and the company’s current CEO Sam Altman, founded the artificial intelligence company in 2015.
Elon Musk and his attorneys have asked judges in the states of California and Delaware to cause an auction that would force OpenAI to sell off a portion of its business, the Financial Times reported.
Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash
This deal is part of a broader partnership between the two organizations and is the first time OpenAI will directly fund a newsroom.
OpenAI has told an Indian court that removing ANI’s data from ChatGPT would breach U.S. laws and that the AI chatbot isn’t under the jurisdiction of the Indian courts.
In three consolidated suits, publishers allege that OpenAI broke copyright law by copying millions of articles without permission or payment. OpenAI counters that the fair use doctrine protects them.