Google planning to invest $40 billion in Anthropic: Report

Google-parent Alphabet will invest $10 billion in ​AI startup Anthropic, with ‌another $30 billion potentially to follow, Bloomberg News reported. Google is committing $10 ​billion now in cash at ⁠a $350 billion valuation ​and will invest $30 billion if Anthropic meets performance targets, the report said. The report comes just days after Anthropic announced $5 billion investment ​from ⁠Amazon.

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