Google’s Surprise $300 Mn Bet in this ChatGPT Competitor
In an interesting turn of events, Alphabet’s subsidiary, Google, recently made a whopping $300 million investment in Anthropic, an AI safety and research company founded by former OpenAI employees.
The investment, which took place in late 2022 but was not reported, gives Google a 10% stake in Anthropic. The latter needs to purchase cloud computing resources from Google, echoing Microsoft’s partnership with OpenAI. This investment follows Microsoft’s heavy $10 billion investment in OpenAI.
Anthropic’s language model assistant, Claude, is currently unavailable for public use. However, the startup has stated that they plan to increase accessibility to the chatbot in the near future.
Microsoft-OpenAI Vs Google-Anthropic
Microsoft recently revealed its integration of ChatGPT into Microsoft Teams, with plans to extend this to Bing, its search engine, creating immense competition for Google. However, it is still uncertain if Google has plans to integrate Claude into its services similarly.
It is a talk of the tech town that ChatGPT can kill Google Search. This speculation seems to have prompted a shift in Google’s strategy towards artificial intelligence and chatbots. Google even issued a ‘code red’ when ChatGPT’s fame spread like wildfire.
Breaking away from its traditional approach, Google is now accelerating its adoption of AI company-wide, according to a report by the NYT. Chief Sundar Pichai Google, has “invited” Larry Page and Sergey Brin, the company’s founders, to this new strategy. This marks a return to active involvement for the founders, four years after they stepped down from daily management responsibilities and entrusted the company to Pichai’s leadership.
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