Google Has Reportedly Invested $300M in AI Research Company Anthropic
The startup was founded by OpenAI researchers and is currently working on an AI chatbot similar to ChatGPT.
Google has reportedly invested $300 million in an AI safety and research company, Anthropic, that recently released an AI model dubbed "Claude" which is considered to be a competitor of ChatGPT.
According to a report from the Financial Times, the investment allowed Google to get an approximately 10% stake in the San Francisco-based company and this new funding will estimate the value of Anthropic at around $5 billion.
Anthropic was founded in 2021 as a public benefit corporation by Dario Amodei, a former VP of Research at OpenAI. He brought along several researchers from OpenAI, including Tom Brown, the lead engineer for the AI language model GPT-3.
Anthropic's AI chatbot, Claude, is currently available in closed beta through a Slack integration and is said to be similar to ChatGPT and even boasts some advancements compared to OpenAI's chatbot.
Anthropic, which positions itself as a company working towards building "reliable, interpretable, and steerable AI systems", developed Claude using a method known as "Constitutional AI." This process is based on principles such as safety, non-maleficence, and autonomy.
The Financial Times reports that Google invested in Anthropic in late 2022, although the news wasn't revealed at the time.
The news of Google's investment in the AI startup comes shortly after Microsoft announced a multibillion-dollar investment in OpenAI, the developer of ChatGPT, and indicates a growing competitive race among tech giants in the field of generative AI.
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