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Google invested $300 million in AI firm founded by former OpenAI researchers

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The competition between Google and Microsoft over tech’s AI future continues to heat up. While Microsoft is firmly entangled with ChatGPT creator OpenAI, Google may have turned to a company founded by former OpenAI employees: the little-known Anthropic.

According to a report from the Financial Times, in late 2022, Google invested around $300 million in the startup, though the news was not reported at the time. In return for the money, Google got a 10 percent stake in the company, and Anthropic is required to buy cloud computing resources from the search giant, says the FT.

Read more about this at: theverge

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Andrew Sabastian is a tech whiz who is obsessed with everything technology. Basically, he's a software and tech mastermind who likes to feed readers gritty tech news to keep their techie intellects nourished.