Tech Giant Google Makes $300 Million Purchase of AI Firm Anthropic

  • Microsoft has formerly invested huge amount of money into OpenAI, the firm behind ChatGPT.
  • Google will get a share of roughly 10 % in Anthropic.

With Google’s $300 million purchase of artificial intelligence startup Anthropic, it appears the AI arms race has began in serious. The IT giant is purchasing the firm to be able to strengthen its position like a competitor within the emerging section of generative AI.

Because the discharge of the hugely popular ChatGPT, using artificial intelligence is becoming something of the phenomenon. Microsoft has formerly invested huge amount of money into OpenAI, the organization behind ChatGPT. Apparently, Bing is aiming for the similar factor right now.

Tech Giants Banking on AI

In recent days, ChatGPT continues to be all around the news, getting surpassed the main one million user mark before other applications like Instagram and TikTok. The OpenAI-produced software has unwittingly sparked competition to the peak in artificial intelligence and elevated funding for AI research. 

Google may be the next major player to participate the, getting just invested $300 million in artificial intelligence (AI) startup Anthropic.  Google will get a share of roughly 10 %, enabling Anthropic to make use of the cash to buy computer capacity in the search company’s cloud-computing division, based on three individuals acquainted with the agreement according to Foot.

This follows Microsoft’s purchase of OpenAI a couple of several weeks ago and belongs to a bigger pattern. Microsoft’s wide product portfolio may now take advantage of incorporating ChatGPT because of the tech giant’s wise investment.

Much like OpenAI, Anthropic is keen to help keep digging into and improving upon generative AI. Particularly, the introduction of very complex personal computers that may compose scripts and generate results on componen with humans within minutes continues.

Latest stories

You might also like...