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Google Invests $1 Billion in AI Startup Anthropic

  • Google is reportedly making a fresh investment of over $1 billion in AI startup Anthropic, increasing its stake in the company.
  • Anthropic is also set to secure another $2 billion in funding from Silicon Valley venture capital investors, expected to triple its valuation to about $60 billion.
  • Apart from Google, Anthropic has received up to $8 billion in investments from Amazon, with Amazon Web Services becoming its primary training partner.
  • Anthropic is competing with rivals OpenAI and Elon Musk's xAI, both of which raised over $10 billion last year.

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