Alphabet's Google Reportedly Invests Additional $1 Billion in Anthropic
MT Newswires Live01-22
Alphabet's (GOOG) Google is making an additional $1 billion investment in artificial intelligence developer Anthropic, multiple media outlets reported Wednesday citing people familiar with the matter.
The sources said Google has already invested over $2 billion in the OpenAI rival and is now increasing its stake in the group,
According to Bloomberg News, Google has a business agreement with Anthropic that covers the use of a suite of online tools and services.
Anthropic declined to comment, while Google did not immediately respond to MT Newswires' request for comment.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
