Google Invests $300 Million in One of the Most Buzzed-About OpenAI Rivals Anthropic

According to Financial Times reporting, Google has invested $300 million in one of the most buzzed-about OpenAI rivals, Anthropic, whose recently-debuted generative AI model Claude is deemed comparable with ChatGPT.

Google will take a 10% interest in the start-up, which will help Anthropic’s finances at a time when it is purchasing significant processing capacity from Google’s cloud computing division. Google revealed that it had made an investment and that it had a substantial cloud contract with Anthropic, but no other details were provided.

While the Financial Times reported the $300 million amount on February 4, Anthropic confirmed the investment relationship with Google Cloud on the same day, despite without providing any figures:

We’re excited to use Google Cloud to train our AI systems, including Claude! https://t.co/IaqQ5lpJrP https://t.co/vOn5Cj4sPt — Anthropic (@AnthropicAI) February 3, 2023

Anthropic also acknowledged in the same announcement that they previously raised funding from Bankman-Fried and former Alameda Research CEO Caroline Ellison, among others, in their Series B fundraising round:

The Series B round was led by Sam Bankman-Fried, CEO of FTX. The round also included participation from Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Center for Emerging Risk Research (CERR).

OpenAI researchers founded Anthropic.

Anthropic was created in 2021 by many researchers who left OpenAI, and it garnered prominence this April when, after less than a year in operation, it disclosed a whopping $580 million in funding. The majority of that money came from Sam Bankman-Fried and the people at FTX, the now-bankrupt cryptocurrency platform accused of fraud. There has been some speculation over whether the money may be reclaimed by a bankruptcy court.

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