Google is planning to invest up to $40 billion in Anthropic, the artificial intelligence firm confirmed Friday, expanding a long-standing alliance between the two companies.<\/p>\n
The investment builds on a partnership in which Anthropic will use custom Google chips and cloud computing services to power its technology.<\/p>\n
An Anthropic representative confirmed to AFP that the agreement sees an initial $10 billion investment from Google. The remaining $30 billion will depend on meeting performance milestones.<\/p>\n
The announcement came just days after Amazon revealed plans to boost its collaboration with Anthropic with a new $5 billion investment, and a plan to invest $20 billion more if performance goals are met.<\/p>\n
For its part, Anthropic said it has committed to spending more than $100 billion on Amazon Web Services (AWS) technology to power AI in the coming decade.<\/p>\n
Anthropic is among AI sector rivals spending tens of billions of dollars on computing infrastructure to lead in the technology.<\/p>\n
Anthropic said in early April that it had tripled its annualized revenues quarter-on-quarter to over\u00a0$30 billion — outpacing OpenAI for the first time.<\/p>\n
Anthropic chief executive Dario Amodei visited the White House, where both sides struck a friendly tone, following a dispute over the tech company’s refusal to grant the military unconditional use of its AI models.<\/p>\n
Earlier this month, Anthropic announced its newest AI model Mythos, withholding it from public release due to its potential cybersecurity risks.<\/p>\n
However, Anthropic said this week that it is investigating unauthorized access to Mythos, a powerful model which the company itself worries could be a boon for hackers.<\/p>\n
Anthropic said earlier this month it restricted\u00a0the release of Mythos\u00a0to 40 major tech firms to give them a head start in fixing cybersecurity vulnerabilities before they could be exploited by attackers.<\/p>\n
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