News

Google Invests $300 Million In Anthropic – An AI Business

Key Points:
  • Google now looks to be interested in the OpenAI developer for years and millions of dollars.
  • Anthropic’s work on “reliable, interpretable, and steerable AI systems” is promoted on their website.
With Google’s $300 million investment in Anthropic, an artificial intelligence start-up, the battle against AI appears to have officially begun.

The Financial Times has stated that Google has invested in the startup with the objective of competing in the field of “generative AI“. Since ChatGPT’s surprising success, the introduction of artificial technology has become a trend.

Microsoft has invested years and millions of dollars in the OpenAI developer. Google now appears to be on the lookout for a similar path. ChatGPT has been on the front page of the news in recent weeks, surpassing Instagram and TikTok in terms of user growth.

The article also indicates that Google “will possess a majority stake of around 10%, compelling Anthropic to utilize the cash to acquire computing capacity from Google’s cloud computing subsidiary“.

Anthropic, like OpenAI, wishes to further investigate and build generic AI technologies. When a group of OpenAI researchers quit citing “disagreements with the business’s direction,” the company was created in 2021.

Dario Amodei, a former vice president of research at OpenAI, founded Anthropic as a public benefit company in 2021. Amodei brought with him a number of OpenAI researchers, notably Tom Brown, chief developer for the AI language model GPT-3. According to the Financial Times, Amodei departed from OpenAI “due to a dispute over the company’s future” – specifically, the company’s increased commercial focus following its initial collaboration with Microsoft in 2019.

Many AI experts have now condemned OpenAI’s activities as more risky, notably its late-year release of ChatGPT to the public web without sufficient protections or tools to reliably identify its output. Anthropic, on the other hand, promotes its work on “reliable, interpretable, and steerable AI systems” on its website. Will Google’s investment, though, cause a shift in these priorities?

In any case, we should learn more about Google’s AI future very soon. Next week, on February 8th, the firm will host an event on the subject. And we’re expected to hear more from Microsoft about its ambitions to integrate ChatGPT into Bing in the near future.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

Join us to keep track of news: https://linktr.ee/coincu

Chubbi

Coincu News

Chubbi

Recent Posts

Analyst Sounds Major Breakout Alert Amid Shiba Inu, WallitIQ, And Dogecoin Price Recoveries

Analysts highlight a breakout alert as Shiba Inu (SHIB), and Dogecoin show signs of recovery…

26 minutes ago

SEC Chair Gary Gensler Will Lose Power From January 20

SEC Chair Gary Gensler will step down on January 20, 2025, coinciding with President-elect Donald…

28 minutes ago

MicroStrategy Convertible Notes Now Out of Stock With $3B Raised

The MicroStrategy convertible notes offering, initially set at $1.75 billion, was increased to $2.6 billion…

56 minutes ago

Qubetics, Cosmos, and Chainlink: Why These Cryptos Are Your Best Bet for November 2024

Discover why Qubetics, Cosmos, and Chainlink are the best cryptos to buy in November 2024.…

4 hours ago

Best Cryptos to Buy in December 2024: Qubetics Presale Goes Ballistic as Ethereum and Quant Look to Build Momentum

Best Cryptos to Buy in December 2024: Qubetics ($TICS) presale explodes, Ethereum (ETH) eyes a…

7 hours ago

USDC and CCTP to launch on Aptos, with Stripe adding Aptos support in crypto products

Palo Alto, California, 21st November 2024, Chainwire

9 hours ago

This website uses cookies.