Google eyes massive AI partnership with Anthropic worth billions - Check details

Core Insights - Anthropic PBC is negotiating with Alphabet Inc.'s Google for a deal that could provide the AI company with additional computing power valued in the high tens of billions of dollars [1] - The proposed agreement involves Google supplying cloud computing services and access to its tensor processing units (TPUs) to Anthropic, which is designed to enhance machine learning workloads [2] - Google has previously invested approximately $3 billion in Anthropic and has committed an additional $2 billion in 2023, followed by another $1 billion investment early this year [6] Company Overview - Anthropic, founded in 2021 by former OpenAI employees, is recognized for its Claude family of large language models, which compete with OpenAI's GPT models [4] - The company has been actively raising funds to support its AI advancements, with a recent funding round of $13 billion that nearly tripled its valuation to $183 billion [5] - Amazon has also committed to invest about $8 billion in Anthropic, which is a significant customer of Amazon Web Services and utilizes Amazon's custom AI chips [6] Market Reaction - Following the news of the potential deal, Google shares increased by more than 3.5% in extended trading, while Amazon's shares fell approximately 2% [3]