According to Financial Times, Google plans to invest one billion dollars in artificial intelligence startup Entropic. This startup owns chatbot Claude, a competitor to ChatGPT.
At the beginning of this month, some media reported that Entropic startup is attracting 2 billion dollars from various investors. This investment brings the value of Entropy to about 60 billion dollars, but Google’s recent investment in this startup is separate from the announced amount.
This is Google’s second investment in Entropic
Entropic is one of OpenAI’s competitors in the artificial intelligence market and has already managed to attract $2 billion in capital from Google; Therefore, with the new investment of one billion dollars, the total amount of Google’s investment in Entropic will reach 3 billion dollars. Google and Anthropic have not yet reacted to this news.
Of course, Google is not the only Entropic investor. This startup had already managed to attract $8 billion in capital from Amazon. By investing in Entropic, Amazon plans to use the company’s artificial intelligence models to develop Alexa.
Entropic’s annual revenue is estimated at 875 million dollars. This startup has already made its artificial intelligence models available through Amazon’s web service and other third-party services. Developing these models as much as possible requires a large amount of capital and attracting the best possible talents.
Gemina chatbots from Google and ChatGPT from OpenAI are competitors in the market. Although Google has tried to develop Gemina by adding new features, ChatGPT is still the leader of artificial intelligence chatbots and has much more computing power than its competitors.
In recent months, Google’s artificial intelligence has been marginalized with its strange mistakes and dangerous recommendations to users; For example, Google’s artificial intelligence AI Overview recently responded to a user’s search and said that a newborn baby elephant, which normally weighs more than 100 kg, can fit in the palm of a human.
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