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Google Eyes Massive Investment to Boost Anthropic’s Valuation Past $350 Billion

Google Eyes Massive Investment to Boost Anthropic's Valuation Past $350 Billion

Google is holding early discussions to significantly increase its investment in AI startup Anthropic. Anthropic is the creator of the Claude family of language models. This move shows the growing competition in the artificial intelligence market. Sources say this new funding round could value Anthropic at over $350 billion.

The specific details of the potential deal are still under discussion. The investment might involve a straight funding round early next year. Alternatively, it could take the form of a strategic investment. This would include Google offering more cloud computing services to Anthropic.

Google already holds a stake in Anthropic, which was founded by former OpenAI employees. Rival tech giants like Amazon are also major backers. By pouring more capital into Anthropic, Google aims to keep pace. This aggressive investment strategy is a response to massive funding for competitors like OpenAI. The AI sector’s massive growth continues to attract huge capital.

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