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.

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.

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 reportedly investing more than $1bn in into Anthropic, taking the company's total investment in the start-up to $3bn.

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,

Alphabet Inc.’s Google has deepened its commitment to artificial intelligence (AI) by investing an additional $1 billion in Anthropic, a

Google (NASDAQ:GOOGL) has made an additional $1 billion investment in Anthropic, an AI startup rivaling OpenAI, according to the Financial Times. This brings Googles total investment in Anthropic to $3 billion,

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.