Google Said to Have Invested $400 Million in OpenAI's ChatGPT Rival Anthropic
Alphabet's Google has invested almost $400 million (roughly Rs. 3,299 crore) in artificial intelligence startup Anthropic, which is testing a rival to OpenAI's ChatGPT, according to a person familiar with the deal. Google and Anthropic declined to comment on the investment, but separately announced a partnership in which Anthropic will use Google's cloud computing services. The deal marks the latest alliance between a tech giant and an AI startup as the field of generative AI — technology that can generate text and art in seconds — heats up. The deal gives Google a stake in Anthropic, but doesn't require the startup to spend the funds buying cloud services from Google, said the person who asked not to be identified because the terms were confidential. “AI has evolved from academic research to become one of the biggest drivers of technological change, creating new opportunities for growth and improved services across all industries,” Thomas Kurian, chief executive...