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The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis
AI Proxy War: Google Invests $2B in Anthropic
Oct 31, 2023
25:27
Snipd AI
Google and Amazon invest in OpenAI rival Anthropic, sparking debates. Controversy surrounds Biden's AI executive order. The podcast explores the financial implications of big tech companies integrating with startups. Updates in OpenAI's chat GPT and introduction of native PDF chat. The importance of Emotional AI and recruitment for an AI education project. Diverse reactions and controversies around AI executive order.
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- Google has invested $2 billion in anthropic, following Amazon's $4 billion investment, solidifying the integration between the two companies with a focus on cloud services.
- Venture capitalist Vinod Kolsla warns that while AI has transformative potential, most AI venture investments today will not be profitable, cautioning against overvaluing startups in the AI industry.
Deep dives
Investments in Anthropics by Google and Amazon
Google has committed to invest up to $2 billion in anthropic, following Amazon's $4 billion investment. Both companies are integrating deeply with anthropic, with cloud services playing a significant role in the partnerships. Anthropics partnership with Google includes a multi-year deal worth more than $3 billion. Overall, anthropic has raised or gained access to nearly $7 billion in funding in the past year, bringing it closer to the $10 billion raised by OpenAI from Microsoft.
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