India Brief Update
Buisness

Anthropic, an AI competitor to OpenAI, will get a $2 billion investment from Google

<p>As the competition for AI becomes hotter, Google is allegedly investing $2 billion in the AI firm Anthropic, which was created by former members of Microsoft-backed OpenAI.<img decoding=”async” class=”alignnone wp-image-257227″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-anthropic-an-ai-competitor-to-openai-will-get-a-2-billion-investment-from-google-g-750×450.jpg” alt=”theindiaprint.com anthropic an ai competitor to openai will get a 2 billion investment from google g” width=”1110″ height=”666″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-anthropic-an-ai-competitor-to-openai-will-get-a-2-billion-investment-from-google-g-750×450.jpg 750w, https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-anthropic-an-ai-competitor-to-openai-will-get-a-2-billion-investment-from-google-g-768×461.jpg 768w, https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-anthropic-an-ai-competitor-to-openai-will-get-a-2-billion-investment-from-google-g-150×90.jpg 150w, https://www.theindiaprint.com/wp-content/uploads/2023/10/theindiaprint.com-anthropic-an-ai-competitor-to-openai-will-get-a-2-billion-investment-from-google-g.jpg 1000w” sizes=”(max-width: 1110px) 100vw, 1110px” title=”Anthropic, an AI competitor to OpenAI, will get a $2 billion investment from Google 3″></p>
<p>According to The Wall Street Journal, the financial agreement includes $500 million up front and up to $1.5 billion thereafter.</p>
<p>Google has not yet responded to the news.</p>
<p>Google made a $300 million investment in the business in April, acquiring a 10% share.</p>
<p>Amazon said in September that it will spend up to $4 billion, granting it a minority ownership stake in the AI firm Anthropic. This move comes as competition intensifies in the generative AI sector, which is currently dominated by OpenAI’s ChatGPT.</p>
<p>Claude 2, an adversarial chatbot to OpenAI’s ChatGPT, is created by Anthropic.</p>
<p>Claude 2 does better than the 90th percentile in both the reading and writing sections of the GRE, as well as in the quantitative reasoning test.</p>
<p>Anthropic, together with Alphabet, Microsoft, and OpenAI, was one of four businesses invited to a meeting with US Vice President Kamala Harris at the White House to discuss ethical AI research.</p>
<p>To develop, train, and implement its next foundation models, Anthropic will use AWS Trainium and Inferentia chips, taking advantage of AWS’s affordability, scalability, performance, and security.</p>
<p>Anthropic has secured $1.5 billion in investment as of July 2023.</p>
<p>Former top OpenAI members Daniela Amodei and Dario Amodei—the latter of whom held the position of Vice President of Research at OpenAI—founded Anthropic in 2021.</p>
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