Anthropic, an AI enterprise Sam Bankman-Fried had a stake in, receives funding from Google

A number of days after Microsoft revealed a brand new, multiyear, multi-billion-dollar funding in ChatGPT-maker OpenAI, Google unveiled a $300m funding in synthetic intelligence (AI) startup, Anthropic.

Battle For AI Supremacy

Google and Microsoft are nonetheless battling it out for management of the way forward for AI in know-how. Google might need resorted to the unnoticed Anthropic, a startup began by former OpenAI personnel. Microsoft is firmly concerned with the corporate that created ChatGPT.

The Monetary Occasions acknowledged that Google made a $300m funding within the enterprise in late 2022, although the information was personal then. Based on the FT, Google obtained a 10% curiosity within the business in change for the money, and Anthropic is obligated to buy cloud computing providers from the search engine big.

This dynamic and the collaboration between Microsoft and OpenAI are comparable. There, Microsoft contributes billions of {dollars} in funding and entry to its monumental cloud platform, which is required to coach the newest compute-intensive AI fashions. OpenAI affords analysis experience.

This system is the end result of Microsoft’s $1b funding in OpenAI three years in the past. Microsoft and OpenAI introduced final month that they had been extending their collaboration via a “multiyear, multi-billion-dollar funding” by the software program juggernaut.

Anthropic additionally created Claude, a possible rival to ChatGPT

Microsoft is integrating ChatGPT into its providers, and it must be clarified whether or not Google intends to do the identical with Claude. The FT claims that one purpose for the transaction is to develop Google’s cloud computing enterprise for the reason that firm already has a wealth of inner expertise creating AI language techniques.

Sam Bankman-Fried, the creator of FTX, and his crypto hedge fund Alameda Analysis, which misplaced $500m earlier than chapter final 12 months, are the corporate’s principal traders. Anthropic has been recognized as an asset by FTX’s chapter property that might help in recovering money owed for collectors.

The background of Anthropic’s founding can be important. Former vp of analysis at OpenAI, Dario Amodei, based the group as a public profit company in 2021. Tom Brown, the principal developer for the AI language mannequin GPT-3, was among the many researchers that Amodei introduced with him from OpenAI. Amodei left OpenAI

Since its launch within the latter a part of final 12 months, Microsoft’s ChatGPT has garnered nearly all of curiosity within the business as a result of discovery of its content-creating capabilities. 

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