Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder – Bitcoin News

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Anthropic raised $300M from Google this week, following a fundraiser in April 2022 that saw participation from FTX's Sam Bankman-Fried SBF and members of his inner circle.

that Google will receive a 10% stake in Anthropic. The sources stated that the capital will be used to fund computing resources, according to the FT report.about the subject on the company’s website. The AI firm’s announcement page states that it has chosen Google Cloud as its preferred cloud provider. “The partnership is designed for the companies to collaborate in developing AI computing systems,” the announcement says.

Like Chatgpt, Anthropic is an AI firm that is developing an AI assistant called “Claude,” which aims to utilize steerable AI techniques and safety enhancements. The same announcement page, below the Google announcement, reveals that the firm raised capital from Sam Bankman-Fried, the former co-founder of FTX. “The Series B round was led by Sam Bankman-Fried, CEO of FTX. The round also included participation from Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Center for Emerging Risk Research ,” the Anthropic announcement made in April 2022 explains.

 

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