Google Backs AI Firm Anthropic With $300 Million, Following Series B Investment From Controversial FTX Co-Founder

1 year ago

As the artificial quality (AI) wars intensify, the AI steadfast Anthropic has raised $300 cardinal from Google and sources accidental that the tech elephantine volition get astir a 10% involvement successful the AI company. Interestingly, successful April 2022, Anthropic raised astir $500 cardinal from sources including Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, erstwhile CEO of Alameda; Nishad Singh, erstwhile manager of engineering astatine FTX; and respective others.

AI Company Backed by Sam Bankman-Fried Raises $300 Million successful Capital From Google

Following the motorboat of Chatgpt and Microsoft’s concern successful Openai, the artificial intelligence (AI) contention has intensified. Anthropic, an AI information and probe company, has raised $300 cardinal from Google. According to The Financial Times (FT), 3 sources acquainted with the woody reported that Google volition person a 10% involvement successful Anthropic. The sources stated that the superior volition beryllium utilized to money computing resources, according to the FT report.

Anthropic besides provided information astir the taxable connected the company’s website. The AI firm’s announcement leafage states that it has chosen Google Cloud arsenic its preferred unreality provider. “The concern is designed for the companies to collaborate successful processing AI computing systems,” the announcement says. “Anthropic volition utilize Google Cloud’s precocious GPU and TPU clusters to train, expand, and instrumentality its AI systems.” Like Chatgpt, Anthropic is an AI steadfast that is processing an AI adjunct called “Claude,” which aims to utilize steerable AI techniques and information enhancements.

The aforesaid announcement page, beneath the Google announcement, reveals that the steadfast raised superior from Sam Bankman-Fried, the erstwhile co-founder of FTX. “The Series B circular was led by Sam Bankman-Fried, CEO of FTX. The circular besides included information from Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn, and the Center for Emerging Risk Research (CERR),” the Anthropic announcement made successful April 2022 explains.

Reports suggest that of the $580 cardinal raised, Bankman-Fried and his associates contributed astatine slightest $500 cardinal to Anthropic. The crypto assemblage has been discussing Bankman-Fried’s concern successful the AI firm. A Twitter relationship called Autism Capital tweeted: “Google has conscionable invested $300M successful Sam Bankman-Fried backed by stolen idiosyncratic wealth Anthropic AI.” The relationship besides stated, “Sam, FTX, and notable Effective Altruism figures specified arsenic Jaan Tallinn led the Anthropic Series B for $580M.”

FTX creditor Sunil K estimates that Bankman-Fried’s involvement could beryllium worthy “$700 cardinal to $1.1 billion.” An idiosyncratic asked Sunil K what helium believed mightiness hap with the involvement and helium replied, “Will person to merchantability the involvement and clawback the money.” A Twitter idiosyncratic asked a akin question to Autism Capital, “Serious question: Is determination a accidental the Bankman-Fried wealth gets clawed backmost from Anthropic?” Moreover, it’s besides been reported that immoderate of Anthropic’s researchers antecedently worked for Openai.

Last month, the quality start-up Semafor, a steadfast that was criticized by Elon Musk for being backed by the disgraced FTX co-founder, SBF, said it would buyback SBF’s involvement successful the company. “We are readying to repurchase Sam Bankman-Fried’s involvement successful Semafor and to spot the wealth into a abstracted relationship until the applicable ineligible authorities supply guidance arsenic to wherever the wealth should beryllium returned,” Semafor’s co-founder and main enforcement Justin Smith told the New York Times.

What are your thoughts connected the caller concern by Google into the Sam Bankman-Fried-backed Anthropic AI? Let america cognize your thoughts astir this taxable successful the comments conception below.

Jamie Redman

Jamie Redman is the News Lead astatine Bitcoin.com News and a fiscal tech writer surviving successful Florida. Redman has been an progressive subordinate of the cryptocurrency assemblage since 2011. He has a passionateness for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written much than 6,000 articles for Bitcoin.com News astir the disruptive protocols emerging today.

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