Google To Invest Up To $40 Billion In Anthropic 34
Google plans to invest up to $40 billion more in Anthropic, starting with $10 billion now and another $30 billion tied to performance milestones. CNBC reports: Anthropic said the agreement expands on a longstanding partnership between the two companies. Earlier this month, Anthropic secured 5 gigawatts worth of computing capacity as part of an announcement with Google and Broadcom that will start to come online next year. Anthropic could decide to add additional gigawatts of compute in the future.
[...] The relationship between the two companies (Google and Anthropic) dates back to 2023, when Google invested $300 million in the AI lab for a stake of about 10%. Months later, Google poured in another $2 billion. Ahead of Friday's announcement, Google's investment in Anthropic exceeded $3 billion, and it reportedly owned a 14% stake in the company. Now, the leading tech companies are investing tens of billions of dollars in the frontier AI labs -- OpenAI and Anthropic -- in funding rounds that far exceed any prior investments in startups. Much of that investment will return in the form of revenue.
[...] The relationship between the two companies (Google and Anthropic) dates back to 2023, when Google invested $300 million in the AI lab for a stake of about 10%. Months later, Google poured in another $2 billion. Ahead of Friday's announcement, Google's investment in Anthropic exceeded $3 billion, and it reportedly owned a 14% stake in the company. Now, the leading tech companies are investing tens of billions of dollars in the frontier AI labs -- OpenAI and Anthropic -- in funding rounds that far exceed any prior investments in startups. Much of that investment will return in the form of revenue.
Well, this is a new one for me.... (Score:2)
The editors forgot the entire Slashdot story.
Re:Well, this is a new one for me.... (Score:4, Informative)
Nope. New anti-adblock measure I guess. Literally turned it on while I was browsing.
Now when I go back and look at the last story I was reading on and refresh it disappears, too.
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I might check my custom filters, as I had a few set up for Slashdot to remove the ads that were still there even after normal uBO went over it, and maybe they have changed the layout code in some way where the story is in the same element as an ad section I'd removed.
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I feel like all this money is just funny money (Score:5, Insightful)
I invest in you, you buy from me, They invest in you, you buy from them.... and still prices go up and services go away.
There is definitely some of that (Score:3)
But there is definitely real things happening. Massive data centers are being built with the idea that they will be coming online to take over all of our jobs. There is some evidence that when those data centers come online that the models are going to get orders of magnitude better and we're going to start seeing a lot more l
Doomsday Evangelical Cultist! (Score:2)
You have obviously never met an American Christian Evangelicals, nor hear their preaching, nor seen how they live and act.
Those people very much want to live. The Second Coming is not brought about by nuclear holocaust, but by converting the world and spreading their faith. If anything, it would be easier to argue that many of them do not really believe in the Second Coming literally, based on their actions. They build families, churches, businesses, schools, and communities. They want to create heaven on e
Re: Doomsday Evangelical Cultist! (Score:3)
I appreciate the positivity of your comment, but it alas misses the mark. You are right that many âoeevangelicalâ Christians are not about hastening a fiery apocalypse. I wouldnâ(TM)t call them great followers of Jesus, but thatâ(TM)s another thread.
Your comment ignores the truth of parents claim, though. There are a great many evangelicals who do believe hot war in Palestine will make the way ready for the Kingâ(TM)s return. Mike Huckabee is their current face, and they are legion,
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it's really not true entirely.
The media makes it look like that, but these are all (literally) televangelists who get their money and marching orders from Israel. They're largely unaccountable megachurch pastors who're paid whores. It hardly represents Christiandom (unless you're over 60 and believes what the TV tells you).
Anyone who grew up and knows how to use the internet can see reality a bit more plainly than that.
Agree on your last sentiment completely.
What Truth? (Score:2)
rsilvergun:
That is a quarter of 340 million people who if they have their finger on the button we would all be blown the kingdom come right this second in order to bring back Jesus.
you (fortfive)
There are a great many evangelicals who do believe hot war in Palestine will make the way ready for the Kingâ(TM)s return. Mike Huckabee is their current face, and they are legion, and they are a serious threat to peace, prosperity, and the witness of God.
These two claims appear to be one in the same to me, both are backward distortions asserting that American Christian Evangelicals believe the conflict will bring Jesus back and they want to work to accelerate it.
American Christian Evangelicals actions are just the opposite, they do not act like they believe Jesus is coming back any time soon, and instead they seem to postpone not accelerate any massive conflict in the Middle East. They are getting married, having kids, building co
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I guess you're completely unaware of the hostility that most Christians under 50 now hold towards Israel the country. The subversive "Judeo Christian" Christian Zionism dies with the boomers. It's almost entirely an anathema doctrine which is only held by Holiday Christians who worship at the altar of Regan.
Those who've read the Bible and understood it and absorbed it do not hold those death cult rules. They view this world as the Kingdom of Heaven - it is at hand - and as having the commandment to love one
Re: I feel like all this money is just funny money (Score:2)
Lots of companies operate this way. It gives them easy wins when it is a monster IPO and they cash in on it. Yahoo stayed afloat for years by their initial purchase of pre ipo Allababa stock investments
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I invest in you, you buy from me, They invest in you, you buy from them.... and still prices go up and services go away.
You think Google's money isn't real? There has been a lot of circular investment, but Google is the player that actually has lots of cash, and isn't just recirculating it.
"Up to" (Score:1)
Eagerly anticipating the banal remark that technically everyone is investing up to $40 billion, because 0 is "up to"
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Well, sure it's banal to make that comment NOW. I've already done it!
Anyway, it may be banal, but it's important to keep pointing it out. Because they keep fucking reporting about "up to" this and "up to" that. It's like how nobody ever gets the maximum sentence for a crime, but that's what people think from the headlines.
Hey, brother, can you spare a wispy hay-head? (Score:3)
Power in watts (Score:2)
"5 gigawatts worth of computing capacity"
We're measuring computing in electicity now and not Teraflops?
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This article discusses the issue. [datacenterknowledge.com]
TL/DR: there's no easy way to measure the capacity of a data center. Number of watts consumed is an imperfect, but workable proxy.
Is this an admission of incompetence? (Score:2)
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Re: Is this an admission of incompetence? (Score:2)
Google Search is not the same as Google Gemini.
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In my experience, Claude is the better LLM so far. It's becoming quickly and truly impressive in the last couple of years. But it doesn't generate images.
Gemini otoh isn't bad, but it's image generation capacity is unrivaled.
You missed one (Score:2)
The summary for some reason thinks that there are only two frontier AI labs, Open AI and Anthropic, but there are three: Open AI, Anthropic, and Google.
It is interesting that Google is investing in Anthropic, a competitor. Just hedging their bets, I guess.
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Thatâ(TM)s not it at all (Score:2)
Google is just hedging and also trying to lock in Anthropocene as a Cloud customer.
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Anthropic is just as vulnerable as OpenAI for the same reasons. They've accepted much money with expectations that will come due soon. Not as much money as OpenAI, but nevertheless too much for their current business plan capacity.
Google has a war chest supported by a very successful advertising business, it is going nowhere. But when the well known AI companies run into trouble, the market will punish Google for being part of the industry. The small players who depend on foundation models for their specia
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Google doesn't want to be the only company left doing AI. If the industry goes under, then Google's AI focus will be a net drag on the share price. It's better for many unprofitable AI companies to survive, as it gives an impression of a healthy industry and won't spook investors in the same way.
I think thesandbender is probably closer to the mark, but he should have added that if Anthropic fail because they're overextended financially, as one of the major investors with lots of available cash, Google will be in a position to take control, buy out the other investors for pennies on the dollar and snap up the assets.
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They'll have to get in line, since Amazon announced a similar deal with them just recently.
I don't see these deals as anything other than giving Anthropic a compute vouchers lifeline, so they don't fail right away. Remember the recent kerfuffle about token rate limi