How Google’s ‘new investment’ in Anthropic may put pressure on Microsoft-backed OpenAI

Google is reportedly in early discussions to significantly deepen its investment in Anthropic, signaling a major escalation in the global AI race and increasing pressure on its main rival, the Microsoft-backed OpenAI. Citing sources familiar with the matter, a report by Business Insider claims that the potential new funding round could value Anthropic, the maker of the Claude language models, at more than $350 billion.

Tech giants are increasingly engaged in a high-stakes, multitrillion-dollar competition to dominate the next generation of AI models. Anthropic is backed by Amazon and Google while its direct competitor OpenAI is backed by Microsoft and Nvidia.