The new tranche of money from Google into Anthropic adds to a total investment of $8 billion from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.

The AI contender to the apparent market leader finished a $2 million funding round and now has a $60 billion valuation.

Google is making a fresh investment of more than $1bn into OpenAI rival Anthropic, boosting its position in the start-up as Silicon Valley titans rush to develop cutting-edge artificial intelligence systems.

Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.

The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.

According to the Financial Times, Alphabet's Google (GOOG, GOOGL) is reportedly expanding its investment in artificial intelligence firm Anthropic with an additional $1 billion commitment. This latest investment would build upon Google's existing stake in the AI company,

Google made an additional investment of more than $1 billion in AI startup Anthropic as it looks to better compete against OpenAI.

Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic. TakeAway Points: Google has agreed to make a new investment of over $1 billion in the generative AI startup Anthropic,

Google has announced another $1 billion investment into Anthropic, bringing its total investment in the AI company to $3 billion. That’s still peanuts compared to Amazon’s total $8 billion investment in Anthropic.