Alphabet Inc.’s Google has increased its investment in artificial intelligence developer Anthropic by $1 billion, further solidifying its position in the highly competitive AI market. This new funding comes in addition to over $2 billion that Google had previously invested in Anthropic, according to a source familiar with the matter, who requested anonymity due to the private nature of the deal.
The expanded investment comes as part of a broader business arrangement between Google and Anthropic, which includes access to a suite of online tools and services. Notably, Amazon.com Inc. is also among Anthropic’s major backers.
Anthropic, based in San Francisco, has gained attention for its Claude family of large language models, which directly compete with OpenAI’s GPT models. Like many other companies in the AI sector, Anthropic has been actively seeking substantial funding to expand its computing infrastructure and keep pace with the rapid advancements in artificial intelligence.
This deal follows reports indicating that Anthropic is in advanced talks to raise $2 billion in a funding round led by Lightspeed Venture Partners, which would value the startup at approximately $60 billion.
Google’s additional investment highlights the growing tension in the AI space, where companies like OpenAI, Microsoft Corp., and Oracle Corp. are collaborating on a $100 billion AI data center project, known as the Stargate Project. This initiative, supported by SoftBank Group Corp. and other investors, underscores the massive scale of competition and investment shaping the future of artificial intelligence.
Anthropic has declined to comment on the new investment, and Google has not provided immediate feedback on the matter.
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