Google invests $2 billion in OpenAI competitor

by nativetechdoctor
2 minutes read

According to CNBC, artificial intelligence (AI) startup Anthropic said Google has invested an initial $500 million and will add $1.5 billion in the future.

The company was founded in 2021 by two former OpenAI leaders, Dario Amodei and his sister – Daniela Amodei. Many former OpenAI researchers also joined Anthropic’s founding team. In early 2023, Anthropic was valued at $4.1 billion. In April, Google invested $300 million in Anthropic and held a 10% stake.

Anthropic is the company behind Claude 2, ChatGPT’s rival chatbot. Claude 2 is capable of summarizing text up to about 75,000 words, equal to the length of a book. Users can input large data sets and ask the chatbot to summarize them in the form of a memo, letter, or story. Meanwhile, ChatGPT can only handle about 3,000 words.

In July, Daniela Amodei said Anthropic spent at least 2 months developing the latest chatbot, the company has a team of 30 – 35 people working directly on the AI ​​model and has a total of 150 people supporting it. support.

According to research by machine learning monitoring platform Arthur AI, Claude 2 is the most reliable chatbot in terms of self-awareness, meaning its ability to accurately assess what it knows and doesn’t know. Additionally, Claude 2 only answers questions for which it has training data.

Anthropic was also among four companies invited to attend a meeting at the White House to discuss responsible AI development with US Vice President Kamala Harris. Next, Anthropic raised $450 million in May.

Previously, Amazon also invested 4 billion USD in Anthroponic to compete in AI development. The increasing investment amount shows that cloud computing companies are trying to secure cooperative relationships with AI startups in the context that AI is a new trend in the technology industry. According to some experts, in the future, AI companies will be an important customer group of cloud computing giants.

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