Thomas Ricker

Google’s stake in Anthropic hits $3 billion.

The fresh $1 billion investment into the company behind the Claude family of AI models adds to the $8 billion already invested by Amazon as Big Tech tries to diversify its AI businesses. And with Lina Khan out of the FTC and the tech oligarchy licking the boots of the quid-pro-quo king, we’re bound to see a new wave of financial tie-ups in the coming months.

Google invests further $1bn in OpenAI rival Anthropic

[Financial Times]