Google, Anthropic and Massive AI Compute Deal
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Anthropic is expanding its deal with Google to use as many as one million of the tech giant's artificial intelligence chips, worth tens of billions of dollars, as the startup races to advance its AI systems in the competitive market.
Amazon stock has been hit by relatively slow cloud-computing growth. It's competing with Google to provide services for AI start-up Anthropic.
Alphabet shares are rising in Thursday's after-hours session after Anthropic announced plans to expand use of Google Cloud technologies.
AI startup Anthropic is in talks with Google to secure additional computing power valued in the high tens of billions of dollars, Bloomberg News reported on Tuesday, citing people familiar with the matter.
Google is reportedly negotiating a multi-billion-dollar cloud partnership with Anthropic, potentially worth tens of billions, just as OpenAI unveils ChatGPT Atlas.
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