Isomorphic was spun out of Google’s AI research arm Google DeepMind in 2021, but remains a wholly owned subsidiary of its parent company, Alphabet. The start-up’s potential has attracted big pharmaceutical partners, which are keen to lower expenses and boost efficiency of the costly drug development process.
Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.
Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash
The UK’s competition watchdog has opened an investigation into Google to determine if its position in search services should warrant a special status for the company, which could see it bound by certain conduct rules.
Brussels is reassessing its investigations of tech groups including Apple, Meta and Google, just as the US companies urge president-elect Donald Trump to intervene against what they characterise as overzealous EU enforcement.
Google is set to invest over $1 billion in AI startup Anthropic, separate from Anthropic's recent $2 billion funding round led by Lightspeed Venture Partners.
Jan 14 (Reuters) - The European Commission is reevaluating its probes into tech giants including Apple (AAPL.O), opens new tab, Meta (META.O), opens new tab and Alphabet's (GOOGL.O), opens new tab Google, the Financial Times reported on Tuesday.
Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to comment.
Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.
Lawsuits have been filed against Facebook parent Meta Platforms, Amazon, Apple, and Google's owner Alphabet (GOOGL) . 💰💸 Don’t miss the move: SIGN UP for TheStreet’s FREE Daily newsletter 💰💸 However,
Whether you like or dislike her politics, one thing former House Speaker and current Rep. Nancy Pelosi has proven to be is a great investor. She, or whoever is making her investment decisions, has had a knack especially when it comes to investing in technology stocks.