UK's Competition Authority approves Google's $2 billion investment in Anthropic
4 months, 1 week ago

UK's Competition Authority approves Google's $2 billion investment in Anthropic

Firstpost  

Anthropic emphasises that it will remain independent despite major funding from Google. Google’s $2B investment includes non-voting shares and consultation rights, ensuring Anthropic retains control over its decisions The Claude AI assistant, developed by Anthropic, has emerged as a major competitor to Google’s own AI offering, Google Gemini. Image Credit: AFP Google’s substantial $2 billion investment in AI startup Anthropic has received the go-ahead from the UK’s Competition and Markets Authority. The Claude AI assistant, developed by Anthropic, has emerged as a major competitor to Google’s own AI offering, Google Gemini. For now, Google’s investment in Anthropic is clear to proceed, but the evolving partnerships between major tech players and AI innovators continue to be a focal point for regulators worldwide.

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History of this topic

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI
1 week ago

Inside Google’s Two-Year Frenzy to Catch Up With OpenAI

Wired  

But more piles of fascinating research are only useful to Google if they generate that most important of outputs: profit. That’s a classic strategy for Google, of course, one that long ago spread to the rest of Silicon Valley: Give us your data, your time, and your attention, check the box on our terms of service that releases us from …

Ben Stiller, Mark Ruffalo Among 400 Hollywood Celebs Leading AI Copyright Battle Against OpenAI, Google
1 week ago

Ben Stiller, Mark Ruffalo Among 400 Hollywood Celebs Leading AI Copyright Battle Against OpenAI, Google

ABP News  

A coalition of over 400 Hollywood figures, including Ben Stiller, Mark Ruffalo, and Paul McCartney, has formally voiced opposition to efforts by Google and OpenAI to loosen copyright protections for artificial intelligence training. Hollywood Rejects AI Companies’ Arguments The debate stems from recent submissions by OpenAI and Google, which suggest that loosening copyright restrictions would bolster the US in the …

U.S. drops bid to make Google sell AI investments in antitrust case
2 weeks, 6 days ago

U.S. drops bid to make Google sell AI investments in antitrust case

The Hindu  

The U.S. Department of Justice on Friday dropped a proposal to force Alphabet's Google to sell its investments in artificial intelligence companies, including OpenAI competitor Anthropic, to boost competition in online search. The DOJ and a coalition of 38 state attorneys general still seek a court order requiring Google to sell its Chrome browser and take other measures aimed at …

AI firm Anthropic valued at $61.5 billion in funding round
3 weeks, 3 days ago

AI firm Anthropic valued at $61.5 billion in funding round

The Hindu  

Anthropic on Monday announced it has raised $3.5 billion in a funding round that valued the artificial intelligence startup at $61.5 billion. The funding round was led by Lightspeed Venture Partners, and the list of those taking part included Salesforce Ventures, Fidelity Management, and Bessemer Venture Partners, according to Anthropic. Along with Claude 3.7 Sonnet, the San Francisco-based company made …

Meta plans investments into AI-driven humanoid robots, memo shows
1 month, 1 week ago

Meta plans investments into AI-driven humanoid robots, memo shows

The Hindu  

Meta Platforms is establishing a new division within its Reality Labs unit to develop AI-powered humanoid robots that can assist with physical tasks, according to an internal company memo viewed by Reuters on Friday. In the memo, Meta Chief Technology Officer Andrew Bosworth said the robotics product group would focus on research and development involving "consumer humanoid robots with a …

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms
1 month, 2 weeks ago

Google’s ex-CEO Eric Schmidt urges open source AI models as DeepSeek looms

The Hindu  

Former Google CEO Eric Schmidt called for the development of open-source AI models, as U.S.-based AI firms reassess their model development plans following the entry of China’s DeepSeek R1, which was developed at a fraction of its rivals’ costs. Schmidt warned that unless action was taken, China would ultimately become an “open-source leader” while the rest of the world would …

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report
1 month, 2 weeks ago

Anthropic sees revenue potentially soaring to $34.5 billion in 2027: Report

The Hindu  

Anthropic projects its revenue could reach as high as $34.5 billion in 2027, technology news website The Information reported on Wednesday, with the AI startup racing to catch up with Microsoft-backed OpenAI. In a base case scenario, Anthropic said revenue would reach $12 billion in 2027, up from $2.2 billion in 2025, the report said. The company told investors it …

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China
Trending News
1 month, 3 weeks ago

Amazon, Microsoft, Alphabet, and Meta to spend well over $300 billion on AI in 2025, fearing China

Firstpost  

Amazon, Microsoft, and Alphabet each saw sharp stock declines following their fourth-quarter earnings reports, which revealed steep increases in AI-related capital spending. Microsoft and Google’s market values dropped by $200 billion as their cloud divisions reported weaker growth Microsoft CEO Satya Nadella reaffirmed his commitment to spending $80 billion to expand Azure, emphasising the importance of capitalising on its early …

A Google GenAI expert weighs in on why companies are clamouring for AI agents
2 months, 1 week ago

A Google GenAI expert weighs in on why companies are clamouring for AI agents

Live Mint  

Google, doubling down on artificial intelligence to fuel revenue growth, is witnessing increased enterprise interest in agentic workflows, according to Oliver Parker, vice president of global Generative AI go-to-market at Google Cloud. Read this | AI and GenAI are transforming robotics: ABB robotics global head Google’s newly launched AgentSpace platform enables businesses to create AI-powered workflows that integrate seamlessly into …

UK’s competition watchdog to investigate Google over search dominance
Trending News
2 months, 1 week ago

UK’s competition watchdog to investigate Google over search dominance

Firstpost  

UK’s CMA’s investigation is focusing on how Google’s dominance in the market affects consumers, businesses, news publishers, and its rivals. With Google controlling more than 90% of searches in the UK, the CMA believes this dominance could be skewing the playing field The CMA also points out that search advertising costs UK households nearly 500 pounds a year, a sum …

Google faces more scrutiny as UK watchdog flexes new digital competition powers
2 months, 2 weeks ago

Google faces more scrutiny as UK watchdog flexes new digital competition powers

Associated Press  

LONDON — Britain’s competition watchdog flexed new digital market powers on Monday for the first time with an investigation into Google’s search and search ad businesses. Under beefed-up rules that took effect this month designed to protect consumers and businesses from unfair practices by Big Tech companies, the Competition and Markets Authority said it would determine whether Google should be …

Google CEO Sundar Pichai has a message for his employees for 2025, says we need to move faster
2 months, 4 weeks ago

Google CEO Sundar Pichai has a message for his employees for 2025, says we need to move faster

India Today  

Google CEO Sundar Pichai has outlined ambitious goals for 2025, calling it an important year for the company amidst rapid advancements in artificial intelligence. Addressing employees during a strategy meeting at Google’s Mountain View headquarters, Pichai emphasised the urgency of adapting to a rapidly evolving tech landscape, citing the importance of delivering innovative solutions and maintaining focus. In 2025, we …

Google partners with Anthropic's Claude to refine Gemini AI: What’s happening?
3 months ago

Google partners with Anthropic's Claude to refine Gemini AI: What’s happening?

India TV News  

In a surprising move, Google is leveraging Anthropic’s AI model, Claude, to enhance the performance of its own AI system, Gemini. According to a report by TechCrunch, contractors hired by Google are comparing outputs from Gemini and Claude, evaluating factors like truthfulness, clarity, and verbosity to provide feedback for improvement. Google and Anthropic Join Forces to Improve AI Models How …

Google seeks to monetize AI, rival Microsoft with new Gemini model
3 months, 2 weeks ago

Google seeks to monetize AI, rival Microsoft with new Gemini model

Live Mint  

New Delhi: Google on Wednesday launched Gemini 2.0, its new generation of artificial intelligence models, that it says is equipped to break down complex queries, burnishing the tool's appeal as a more useful, practical product for businesses to adopt. Today, we're excited to launch our next era of models built for this new agentic era—Gemini 2.0, our most capable model …

Google's biggest bet is AI for search, investment chief says
3 months, 2 weeks ago

Google's biggest bet is AI for search, investment chief says

The Hindu  

Alphabet, the Google parent that has pioneered self-driving cars and quantum computing, is making its biggest bet much closer to home: online search. Applying artificial intelligence to the search business that made Google a household name remains the largest gambit for the company, Ruth Porat, Alphabet's president and chief investment officer, said at the Reuters NEXT conference in New York …

Amazon develops video AI model: Report
4 months ago

Amazon develops video AI model: Report

The Hindu  

E-commerce giant Amazon has developed new generative artificial intelligence that can process images and videos in addition to text, making it less reliant on AI startup Anthropic, The Information reported on Wednesday. The development of the new AI model will help Amazon reduce its reliance on Anthropic's Claude chatbot, a popular offering on Amazon Web Services, the report said, citing …

Amazon Invests an Additional $4 Billion in AI Firm Anthropic
4 months 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
4 months 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 …

Amazon to invest an additional $4 billion in AI startup Anthropic
4 months ago

Amazon to invest an additional $4 billion in AI startup Anthropic

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Amazon is investing an additional …

Amazon.com mulls new multi-billion dollar investment in Anthropic: Report
4 months, 2 weeks ago

Amazon.com mulls new multi-billion dollar investment in Anthropic: Report

The Hindu  

Amazon is in talks for its second multi-billion dollar investment in artificial intelligence startup Anthropic, the Information reported on Thursday, citing a person familiar with the matter. The cloud services giant announced an investment of $4 billion in the OpenAI rival in September last year, saying its customers would gain early access to Anthropic's technology. Amazon has asked Anthropic, which …

Google's partnership with AI startup Anthropic faces a UK competition investigation
5 months ago

Google's partnership with AI startup Anthropic faces a UK competition investigation

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Please enter a valid email address Please enter a valid email address SIGN UP I would like to be emailed about offers, events and updates from The Independent. Please try again later {{ …

Competition watchdog clears Microsoft arrangements with Inflection AI
6 months, 3 weeks ago

Competition watchdog clears Microsoft arrangements with Inflection AI

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competition regulator has …

Google appoints former Character.AI founder as co-lead of its AI models
7 months ago

Google appoints former Character.AI founder as co-lead of its AI models

The Hindu  

Google has appointed Noam Shazeer, the former head of startup Character.AI and before that a long-time Google researcher, to co-lead its main AI project. Shazeer recently rejoined Google from the chatbot maker he founded in 2021 with the U.S. tech giant paying billions to bring him and a handful of other employees into DeepMind and to strike a licensing agreement …

Google aiming to ‘claim leadership’ of AI market with new phone launch
7 months, 2 weeks ago

Google aiming to ‘claim leadership’ of AI market with new phone launch

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Google will use its upcoming …

Amazon’s $4 billion investment in AI startup Anthropic comes under UK scrutiny
7 months, 2 weeks ago

Amazon’s $4 billion investment in AI startup Anthropic comes under UK scrutiny

Live Mint  

U.K. antitrust officials are probing whether Amazon.com’s multibillion-dollar investment in artificial-intelligence company Anthropic poses a threat to competition, the latest foray by European regulators into ties between U.S. tech giants and AI startups. An Amazon spokesperson said the company’s ties to Anthropic didn’t raise any competition concerns or meet the CMA’s own threshold for a review. Amazon doesn’t hold a …

Google hires top talent from startup Character.AI,...
7 months, 3 weeks ago

Google hires top talent from startup Character.AI,...

Daily Mail  

By Kenrick Cai Aug 2 - Startup Character.AI said on Friday it has signed an agreement with Alphabet's Google that grants the search engine giant a non-exclusive license to the chatbot maker's large language model technology. The deal, echoing ones struck by Microsoft and Amazon in the past few months, will see Character.AI co-founders Noam Shazeer and Daniel De Freitas …

Google’s partnership with AI startup Anthropic faces scrutiny from UK competition watchdog
7 months, 4 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 …

UK competition regulator signs AI agreement with EU and US counterparts
8 months ago

UK competition regulator signs AI agreement with EU and US counterparts

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competition regulator has …

Microsoft’s hiring of Inflection AI staff faces competition inquiry
8 months, 1 week ago

Microsoft’s hiring of Inflection AI staff faces competition inquiry

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competition watchdog has …

European Union’s competition boss signals fresh AI scrutiny for Microsoft-OpenAI deal and Google
8 months, 4 weeks ago

European Union’s competition boss signals fresh AI scrutiny for Microsoft-OpenAI deal and Google

The Hindu  

The European Union is escalating its scrutiny of the artificial intelligence industry, including taking a fresh look into Microsoft's multibillion-dollar partnership with OpenAI, a top EU official said Friday. The European Commission, the bloc's executive arm, started reviewing the deal last year to see whether it broke EU merger rules but dropped it after concluding Microsoft hadn't gained control of …

Google To Invest 3 Billion USD To Set Up Data Centres In Indiana Virginia Create Jobs AI Essential Courses
11 months ago

Google To Invest 3 Billion USD To Set Up Data Centres In Indiana Virginia Create Jobs AI Essential Courses

ABP News  

Alphabet-owned Google on Friday announced that it would invest an amount of $3 billion in order to set up a data centre in Indiana and expand sites in Virginia. On Thursday, Amazon's cloud computing arm committed $11 billion toward new data centres in Indiana, US, and creating 1,000 jobs. Google will be spending an amount of around $2 billion for …

Competition watchdog seeks views on big tech AI partnerships
11 months ago

Competition watchdog seeks views on big tech AI partnerships

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The UK’s competition regulator has …

Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals
11 months ago

Microsoft and Amazon face scrutiny from UK competition watchdog over recent AI deals

Associated Press  

LONDON — British competition regulators said Wednesday they’ll scrutinize recent artificial intelligence deals by Microsoft and Amazon over concerns that the moves could thwart competition in the AI industry. The Competition and Markets Authority said it’s looking into Microsoft’s partnership with France’s Mistral AI and the company’s hiring of key staff from another startup, Inflection AI. “We will assess, objectively …

AI Search Startup Perplexity Valued at $1 Billion in Funding Round
11 months ago

AI Search Startup Perplexity Valued at $1 Billion in Funding Round

Bloomberg  

Perplexity AI, a startup using artificial intelligence to build a search engine to compete with Alphabet Inc. ’s Google, has raised about $63 million in a new funding round that values the company at more than $1 billion. Founded less than two years ago, Perplexity offers an AI chatbot that summarizes search results, lists citations for its answers and helps …

Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals
11 months, 1 week ago

Google's AI chief set to invest USD 100 billion in AI development to stay ahead of rivals

India TV News  

When we speak of artificial intelligence, everything is about a smart working ecosystem along with a lot of money. As per Google's AI boss, the company is set to invest more than USD 100 billion in AI development and further aim at maintaining its edge over competitors. However, the pursuit of Artificial General Intelligence – AI capable of human-like reasoning …

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’
11 months, 2 weeks ago

Sundar Pichai shares Google's AI plan to beat Amazon, Microsoft: ‘Incredible opportunity’

Hindustan Times  

Google CEO Sundar Pichai said that in the fourth quarter of 2023 Google Cloud was at a $36 billion annual revenue run rate. At the Google Cloud Next event, Sundar Pichai said that Google Cloud is showing progress owing to deep investments that the company has made in Artificial Intelligence. Google and Alphabet Inc. CEO Sundar Pichai talked about the …

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival
1 year ago

Jeff Bezos’ investment in this AI startup has doubled in value in a few months. It's a major Google rival

Hindustan Times  

Amazon founder Jeff Bezos has heavily bet on Perplexity AI, a startup that is taking on the search giant Google. This means that Jeff Bezos' investment has nearly doubled in the company in just a few months as Perplexity AI has reached 10 million monthly active users. In January this year, Perplexity reached 10 million monthly active users and served …

Google Launches €25 Million AI Opportunity Initiative for Europe. Details
1 year, 1 month ago

Google Launches €25 Million AI Opportunity Initiative for Europe. Details

ABP News  

Google has announced a significant investment of 25 million euros from Google.org. Specifically, the initiative targets aiding vulnerable and marginalised communities in Europe, ensuring they have access to AI training and skills development opportunities. So today, we are launching the AI Opportunity Initiative for Europe, to help provide training and skills to support people and countries to be successful in …

FTC opens inquiry into Big Tech’s partnerships with leading AI startups
1 year, 2 months ago

FTC opens inquiry into Big Tech’s partnerships with leading AI startups

Associated Press  

U.S. antitrust enforcers are opening an inquiry into the relationships between leading artificial intelligence startups such as ChatGPT-maker OpenAI and the tech giants that have invested billions of dollars into them. “We’re scrutinizing whether these ties enable dominant firms to exert undue influence or gain privileged access in ways that could undermine fair competition,” said Lina Khan, chair of the …

FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership
1 year, 2 months ago

FTC launches inquiry into artificial intelligence deals such as Microsoft's OpenAI partnership

The Independent  

The latest headlines from our reporters across the US sent straight to your inbox each weekday Your briefing on the latest headlines from across the US Your briefing on the latest headlines from across the US SIGN UP I would like to be emailed about offers, events and updates from The Independent. “We’re scrutinizing whether these ties enable dominant firms …

Google invests £790m in first UK data centre
1 year, 2 months ago

Google invests £790m in first UK data centre

The Independent  

For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy Google has unveiled a one …

UK pledges £38 million for AI projects including labs in Africa
1 year, 4 months ago

UK pledges £38 million for AI projects including labs in Africa

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. The commitment is part of an £80 million collaboration between Britain, Canada and the …

Google, Amazon continue to invest billions into AI that is supposedly ‘miles better’ than ChatGPT
1 year, 4 months 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, 4 months 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 …

Google agrees to invest up to $2 bln in OpenAI rival...
1 year, 5 months ago

Google agrees to invest up to $2 bln in OpenAI rival...

Daily Mail  

Google is placing a huge bet on an artificial intelligence start-up whose owners have admitted it could wipe out humanity. Anthropic's CEO and co-founder, Dario Amodei said earlier this week that AI has a '10 to 25 percent' chance of destroying humanity. Google has agreed to invest a whopping $2 billion in an artificial intelligence start-up whose owners have admitted …

Google to help fund new AI research centre at University of Cambridge
1 year, 5 months ago

Google to help fund new AI research centre at University of Cambridge

The Independent  

Get the free Morning Headlines email for news from our reporters across the world Sign up to our free Morning Headlines email Sign up to our free Morning Headlines email SIGN UP I would like to be emailed about offers, events and updates from The Independent. By collaborating with one of our world-leading British academic institutions, we can enable AI …

Microsoft-Google Clash & Other Learnings From the First Big Tech Antitrust Trial
1 year, 5 months ago

Microsoft-Google Clash & Other Learnings From the First Big Tech Antitrust Trial

The Quint  

These battles are nothing new. They revolve around various issues such as antitrust concerns, data privacy, market dominance, and competition. But the fact that regulators have opened the canvas of these fights is interesting because of two reasons: Firstly, it gives a wider opportunity for the regulators to understand the intricacies of the products and solutions in the market and …

What It Takes for A.I. to Ruin Google’s Weekend
1 year, 5 months ago

What It Takes for A.I. to Ruin Google’s Weekend

Slate  

This article is from Big Technology, a newsletter by Alex Kantrowitz. The downside of not making it work, the senior engineer said, was “too large, for Anthropic, for Google Cloud, and for Google,” according to documents I reviewed. One week after Google initiated the sprint, Anthropic announced it had landed a new investment of up to $4 billion from Amazon …

Betting Big: Why is Amazon investing $4 billion in Anthropic, a fledgling AI startup
1 year, 6 months ago

Betting Big: Why is Amazon investing $4 billion in Anthropic, a fledgling AI startup

Firstpost  

Amazon is investing heavily in AI and is investing over $4 billion in Anthropic. Last year, Google had invested about $300 million in Anthropic Amazon is making a substantial move into the world of artificial intelligence by investing up to $4 billion in Anthropic, an AI startup. As part of this partnership, Anthropic will leverage Amazon’s cloud computing platform and …

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