Google-backed Anthropic raises $100 mn from South Korea's SK Telecom
1 year, 4 months ago

Google-backed Anthropic raises $100 mn from South Korea's SK Telecom

The Hindu  

South Korea's largest telco SK Telecom said it will invest $100 million in U.S. artificial intelligence firm Anthropic to strengthen its telecommunications-driven AI business. Anthropic, a startup competing with OpenAI in building AI foundation models, is among the most well-funded AI firms, having raised $450 million from investors including Alphabet Inc's Google and Spark Capital in May. SK Telecom, which also made a smaller investment in May, said on Sunday that the two companies plan to jointly develop a global telecommunications-oriented multilingual large language model and build an AI platform. In July, SK Telecom agreed with Deutsche Telekom, e& and Singapore Telecommunications to form an alliance to jointly develop telecommunications-driven AI businesses.

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Amazon Invests an Additional $4 Billion in AI Firm Anthropic
1 month ago

Amazon Invests an Additional $4 Billion in AI Firm Anthropic

Deccan Chronicle  

Amazon is investing an additional $4 billion in artificial intelligence startup Anthropic, boosting its stake in one of OpenAI’s chief rivals. That deal included provisions that Anthropic use Amazon Web Services data centers for some of its computing needs, as well as AWS-designed AI chips. The latest investment “establishes AWS as our primary cloud and training partner,” Anthropic said in …

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal
Trending News
1 month ago

Amazon deepens AI push with additional $4 billion in OpenAI challenger Anthropic: All about the deal

Live Mint  

Amazon is set to invest a further $4 billion in Anthropic, a San Francisco-based artificial intelligence startup, as major technology firms continue to vie for dominance in the generative AI sector. Under the agreement, Anthropic will designate Amazon Web Services as its principal training partner for developing its foundational AI models—highly advanced systems that power general-purpose AI applications such as …

Google’s partnership with AI startup Anthropic faces scrutiny from UK competition watchdog
4 months, 3 weeks ago

Google’s partnership with AI startup Anthropic faces scrutiny from UK competition watchdog

Associated Press  

LONDON — Britain’s competition watchdog said Tuesday it’s looking into Google’s partnership with artificial intelligence startup Anthropic, adding fresh regulatory scrutiny to investment money flooding into the AI industry. The Competition and Markets Authority said it’s seeking comments as it considers whether the deal between the two companies has resulted in a “substantial lessening of competition” in the United Kingdom …

Google invests $8 million to support Israeli AI firms, Palestinian startups
11 months ago

Google invests $8 million to support Israeli AI firms, Palestinian startups

Hindustan Times  

Alphabet-owned Google on Wednesday said that it is investing over $8 million to help the business of Israeli tech firms and Palestinian businesses. Google cited the importance of these small companies to grow in the tech space, saying that $4 million will be invested in Israeli AI firms, while the rest $4 million will be used as funding for early-stage …

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 1 month ago

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT

Firstpost  

Google and Amazon are investing billions into an AI programme called Claude that is supposedly much better than OpenAI’s ChatGPT. Amazon had invested over $4 billion, whereas Google has invested over $2 billion, and plans to invest more A couple of days ago, Google announced its intention to invest a substantial sum of up to $2 billion in Anthropic, a …

Google set to invest $2 billion in Anthropic- OpenAI's competitor
1 year, 1 month ago

Google set to invest $2 billion in Anthropic- OpenAI's competitor

India TV News  

Google is set to invest $2 billion in the AI startup Anthropic, created by former members of OpenAI, as competition in the AI field intensifies. In September, Amazon also announced plans to invest as much as $4 billion in Anthropic, securing a minority ownership position in the firm, reflecting the fierce competition within the growing generative AI sector dominated by …

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle
1 year, 3 months ago

Amazon is investing up to $4 billion in AI startup Anthropic in growing tech battle

Associated Press  

Amazon is investing up to $4 billion in Anthropic and taking a minority stake in the artificial intelligence startup, the two companies said Monday. Amazon and Anthropic said the deal is part of a broader collaboration to develop so-called foundation models, which underpin the generative AI systems that have captured global attention. Under the agreement, Anthropic is making Amazon its …

Google Invests $400 Million In ChatGPT-Rival Anthropic In A Bid To Launch Own Chatbot: Report
1 year, 10 months ago

Google Invests $400 Million In ChatGPT-Rival Anthropic In A Bid To Launch Own Chatbot: Report

ABP News  

After investing around $400 million in OpenAI's ChatGPT rival Anthropic, Google has announced the release of its own chatbot for the public in "the coming weeks and months" after the remarkable performance and success of ChatGPT. Google CEO Sundar Pichai said the use of AI had arrived at an "inflection point" and that the tech giant was "extremely well positioned" …

Google releases ChatGPT rival AI ‘Bard’ to early testers
1 year, 10 months ago

Google releases ChatGPT rival AI ‘Bard’ to early testers

LA Times  

Google’s new conversational AI service, dubbed Bard, will be ready for the public “in the coming weeks,” the company said. The company said Monday that its new conversational AI service, called Bard, would be opening up to trusted testers and that it is readying the service for the public “in the coming weeks.” The service aims to generate detailed answers …

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