Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.

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.

Google is investing more than $1 billion in Anthropic, solidifying its stance in the rapidly growing generative AI sector.

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.

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday. This comes after Reuters and other media reported earlier in January that Anthropic was nearing a $2 billion fundraise in a round,

Google is pumping another one billion dollars into generative AI company Anthropic after investing more than two billion last year.

Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI. A fresh injection of funding for the AI start-up is underway after the tech giant reportedly made another huge investment into the startup,