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4d ago
Google plans to invest up to $40 billion in Anthropic: Report
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Google-parent Alphabet will invest up to $40 billion in Anthropic, Bloomberg News reported on Friday, as the tech giant deepens its partnership with the startup which is also its rival in the global AI race.Google has committed $10 billion now in cash at a $350 billion valuation, the report said, adding that the company will invest a further $30 billion if Anthropic meets performance targets and support a major expansion of Anthropic's computing capacity.Anthropic and Google did not immedi
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