Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder – Bitcoin News
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Google has announced it is investing $300 million in AI firm Anthropic, following a Series B investment from controversial FTX co-founder Sam Bankman-Fried.
Anthropic is a San Francisco-based AI company that focuses on developing artificial intelligence (AI) technology to help businesses become more efficient and productive. Founded in 2018, the company has already raised over $50 million in funding and has grown rapidly in the past two years.
The new investment from Google comes after a Series B investment from FTX co-founder Sam Bankman-Fried. Bankman-Fried has been a controversial figure in the crypto space, due to his involvement in a number of high-profile projects, including the launch of the FTX cryptocurrency exchange.
The investment from Google is a major vote of confidence in Anthropic and its AI technology. It is also a sign of Google’s commitment to investing in the future of AI technology.
Google’s investment in Anthropic follows a number of other investments in AI companies, including investments in OpenAI and DeepMind. Google has also been investing heavily in its own AI research, with the company recently announcing a $25 billion investment in AI research over the next five years.
Google’s investment in Anthropic is yet another sign of the company’s commitment to AI research and development. It is also a sign that Google is willing to invest in companies with controversial founders, such as Sam Bankman-Fried.
Google’s investment in Anthropic is a major boost for the AI industry and shows that the company is committed to investing in the future of AI technology. It is also a sign that Google is willing to invest in companies with controversial founders, such as Sam Bankman-Fried.
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