Google Invests $300M in AI Firm Backed by Controversial FTX Co-Founder

• Google has invested $300 million in the AI firm Anthropic, with sources claiming that the tech giant will own a 10% stake.
• Anthropic previously raised approximately $500 million from sources including Sam Bankman-Fried and Caroline Ellison.
• The capital will be used to fund computing resources, and Google Cloud is the preferred cloud provider for Anthropic’s AI systems.

Google Invests in AI Firm Anthropic

Google has announced an investment of $300 million into the artificial intelligence (AI) firm Anthropic, giving them a 10% stake in the company. This comes after their series B funding round which saw them raise a total of $580 million from investors such as Sam Bankman-Fried, Caroline Ellison and other prominent individuals.

Funding Used For Computing Resources

The funding will be used to fund computing resources, particularly those related to their AI system Claude which utilizes steerable AI techniques and safety enhancements. To facilitate this they have chosen Google Cloud as their preferred cloud provider to train, expand and implement their AI systems.

Controversy Surrounding Sam Bankman-Fried

Reports suggest that of the total sum raised during the series B funding round at least $500 million came from Bankman-Fried and his associates. This has sparked controversy within some circles of the crypto community with some suggesting that he had stolen user money to invest in Anthropic’s AI system.

Chatgpt & Microsoft Investment In Openai

This investment follows on from Microsoft’s recent investment into Openai as well as Chatgpt’s launch earlier this year – a clear sign that competition between major players in the Artificial Intelligence market is intensifying rapidly.


Overall it appears that Google’s investment into Anthropic signals its commitment towards developing more advanced AI technologies utilizing its unique cloud computing capabilities while also ensuring its place among competitors like Microsoft and Chatgpt in what is quickly becoming one of today’s most important markets – Artificial Intelligence technology development.