{"id":23098,"date":"2023-10-28T15:55:27","date_gmt":"2023-10-28T15:55:27","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic"},"modified":"2023-10-28T17:16:28","modified_gmt":"2023-10-28T17:16:28","slug":"google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic","title":{"rendered":"Google agrees to invest up to $2 billion in OpenAI rival Anthropic"},"content":{"rendered":"

Africa-Press – Eritrea. <\/strong><\/span>Alphabet’s (GOOGL.O) Google has agreed to invest up to $2 billion in the artificial intelligence company Anthropic, a spokesperson for the startup said on Friday.<\/p>\n

The company has invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, the spokesperson said.<\/p>\n

Google is already an investor in Anthropic, and the fresh investment would underscore a ramp-up in its efforts to better compete with Microsoft (MSFT.O), a major backer of ChatGPT creator OpenAI, as Big Tech companies race to infuse AI into their applications.<\/p>\n

Amazon.com (AMZN.O) also said last month it would invest up to $4 billion in Anthropic to compete with growing cloud rivals on AI.<\/p>\n

In Amazon’s quarterly report to the U.S. Securities and Exchange Commission this week, the online retailer detailed it had invested in a $1.25 billion note from Anthropic that can convert to equity, while its ability to invest up to $2.75 billion in a second note expires in the first quarter of 2024.<\/p>\n

Google declined to comment, and Amazon did not immediately respond to a Reuters request for comment.<\/p>\n

The Wall Street Journal earlier reported the news of Google’s latest agreement with Anthropic.<\/p>\n

The rising number of investments shows ongoing maneuvering by cloud companies to secure ties with the AI startups that are reshaping their industry.<\/p>\n

Anthropic, which was co-founded by former OpenAI executives and siblings Dario and Daniela Amodei, has shown efforts to secure the resources and deep-pocketed backers needed to compete with OpenAI and be leaders in the technology sector.<\/p>\n

Reporting by Krystal Hu in New York and Chavi Mehta in Bengaluru; Additional reporting by Jeffrey Dastin; Editing by Anil D’Silva, Devika Syamnath and Chris Reese<\/p>\n

For More News And Analysis About Eritrea<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Eritrea. Alphabet’s (GOOGL.O) Google has agreed to invest up to $2 billion in the artificial intelligence company Anthropic, a spokesperson for the startup said on Friday. The company has invested $500 million upfront into the OpenAI rival and agreed to add $1.5 billion more over time, the spokesperson said. Google is already an […]<\/p>\n","protected":false},"author":84,"featured_media":23097,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,9],"tags":[242,243,233],"class_list":["post-23098","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-miscellaneous","tag-africa-press","tag-africa-press-eritrea","tag-eritrea"],"yoast_head":"\nGoogle agrees to invest up to $2 billion in OpenAI rival Anthropic - Eritrea<\/title>\n<meta name=\"description\" content=\"Alphabet's (GOOGL.O) Google has agreed to invest up to $2 billion in the artificial intelligence company Anthropic, a sp ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Google agrees to invest up to $2 billion in OpenAI rival Anthropic\" \/>\n<meta property=\"og:description\" content=\"Alphabet's (GOOGL.O) Google has agreed to invest up to $2 billion in the artificial intelligence company Anthropic, a sp ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-10-28T15:55:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-10-28T17:16:28+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/10\/sm_1698500436.234906.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"960\" \/>\n\t<meta property=\"og:image:height\" content=\"544\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Google agrees to invest up to $2 billion in OpenAI rival Anthropic\",\"datePublished\":\"2023-10-28T15:55:27+00:00\",\"dateModified\":\"2023-10-28T17:16:28+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\"},\"wordCount\":305,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2023\/10\/sm_1698500436.234906.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\"],\"articleSection\":[\"all news\",\"miscellaneous\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/google-agrees-to-invest-up-to-2-billion-in-openai-rival-anthropic\",\"name\":\"Google agrees to invest up to $2 billion in OpenAI rival Anthropic - 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