Google to Invest $40B in Anthropic as AI Race Intensifies
Alphabet Inc. has committed up to $40 billion to artificial intelligence firm Anthropic, signaling a sharp escalation in the global race to dominate advanced AI systems. The deal begins with an immediate $10 billion cash injection, valuing Anthropic at $350 billion. A further $30 billion will follow if the company meets specific performance targets, tightening … Read more