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Reading: Google Invests $2 Billion in Artificial Intelligence Startup Anthropic
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COINTURK NEWS > News > Google Invests $2 Billion in Artificial Intelligence Startup Anthropic
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Google Invests $2 Billion in Artificial Intelligence Startup Anthropic

In Brief

  • According to an article published by The Wall Street Journal during the week, technology giant Google has invested a total of $2 billion in the artificial intelligence initiative Anthropic. The article stated that Google initially invested $500 million and will make an additional $1.5 billion investment in the future.ContentsArtificial Intelligence Ecosystem is GrowingGoogle’s $2 Billion […]
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According to an article published by The Wall Street Journal during the week, technology giant Google has invested a total of $2 billion in the artificial intelligence initiative Anthropic. The article stated that Google initially invested $500 million and will make an additional $1.5 billion investment in the future.

Contents
Artificial Intelligence Ecosystem is GrowingGoogle’s $2 Billion Investment in Artificial Intelligence

Artificial Intelligence Ecosystem is Growing

The release of the artificial intelligence chatbot ChatGPT by OpenAI has gained significant popularity globally in a very short period of time, which has put artificial intelligence technologies back in the spotlight. During this process, technology companies such as Meta, the parent company of Facebook, Amazon, and Microsoft, have also started to conduct intensive research and investments in artificial intelligence technologies.

As research and investments in artificial intelligence technologies continue to accelerate, Google has made a new investment in an artificial intelligence initiative called Anthropic, following Amazon’s footsteps.

Google’s $2 Billion Investment in Artificial Intelligence

E-commerce giant Amazon made a strategic investment in the artificial intelligence initiative Anthropic in late September. According to the news announced to the public regarding Amazon’s strategic investment, it was stated that Amazon would initially invest $1.25 billion in Anthropic and could increase its investment up to $4 billion in the future.

Following Amazon’s investment in September, Google took a similar step. According to The Wall Street Journal, Google has invested $2 billion in Anthropic.

According to the report, Google will initially invest $500 million in the artificial intelligence initiative Anthropic. However, in the future, it will make an additional $1.5 billion investment, raising the total investment to $2 billion.

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Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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COINTURK NEWS 28 October, 2023 - 9:38 pm 28 October, 2023 - 9:38 pm
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