Google to invest up to USD 40 bn in Anthropic amid global AI race

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New Delhi, April 25: US tech giant Google plans to invest up to $40 billion in the artificial intelligence (AI) firm Anthropic, as global technology giants accelerate their push into advanced AI models and infrastructure.
The proposed investment includes an initial $10 billion infusion at Anthropic’s latest valuation of $380 billion, with the remaining $30 billion tied to performance-based milestones, the companies confirmed, according to reports.
The move has built on a multi-year partnership between the two firms, under which Google provides cloud infrastructure and access to Anthropic’s AI models, including its Claude suite.
Moreover, Anthropic also leverages Google’s custom tensor processing units (TPUs) as an alternative to widely used graphics processing units. (IANS)

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