Google commits up to $2B to Anthropic
Google just agreed to invest up to $2 billion in Anthropic, the OpenAI rival behind Claude 2. The deal involves a $500 million upfront cash infusion, with another $1.5 billion to be invested over time. Why it matters: Big tech is pouring unprecedented capital into frontier AI labs, turning the generative AI race into an escalating multi-billion-dollar contest.