As the artificial intelligence (AI) wars heat up, AI firm Anthropic has raised $300 million from Google, and sources say the tech giant will get about 10% stake in the AI firm. Interestingly, Anthropic raised approximately $500 million in April 2022 from sources such as Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former CEO of Alameda; Nishad Singh, former technical director at FTX; and several others. Sam Bankman-Fried-Backed AI Company Raises $300 Million in Capital from Google Following the launch of Chatgpt and Microsoft's investment in Openai, the artificial intelligence...
As the artificial intelligence (AI) wars heat up, AI firm Anthropic has raised $300 million from Google, and sources say the tech giant will get about 10% stake in the AI firm. Interestingly, Anthropic raised approximately $500 million in April 2022 from sources such as Sam Bankman-Fried (SBF), co-founder of FTX; Caroline Ellison, former CEO of Alameda; Nishad Singh, former technical director at FTX; and several others.
After the launch of Chatgpt and Microsoft's investment in Openai, the artificial intelligence (AI) competition has intensified. Anthropic, an AI security and research company, has raised $300 million from Google. According to The Financial Times (FT), three sources are familiar with the deal reported that Google will receive a 10% stake in Anthropic. The sources said the capital will be used to fund computing resources, according to the FT report.
Anthropocene too given information on the topic on the company's website. The AI company's announcement page says it has selected Google Cloud as its preferred cloud provider. “The partnership is designed for the companies to collaborate on the development of AI computing systems,” the announcement said. “Anthropic will leverage Google Cloud’s advanced GPU and TPU clusters to train, extend and deploy its AI systems.”Like Chatgpt, Anthropic is an AI company that is developing an AI assistant called “Claude” that aims to leverage controllable AI techniques and security enhancements.
The same announcement page below the Google announcement shows that the company has raised capital from Sam Bankman-Fried, the former co-founder of FTX. "The Series B round was led by Sam Bankman-Fried, CEO of FTX. The round also included Caroline Ellison, Jim McClave, Nishad Singh, Jaan Tallinn and the Center for Emerging Risk Research (CERR)," explains the April 2022 Anthropic announcement.
Reports suspect that Bankman-Fried and his associates donated at least $500 million of the $580 million raised to Anthropic. The crypto community was discuss Bankman-Fried's investment in the AI company. A Twitter account called Autism Capital tweeted: “Google just invested $300 million in Sam Bankman-Fried, backed by stolen user money from Anthropic AI.” The report also states: “Sam, FTX and notable Effective Altruism figures like Jaan Tallinn led the Anthropic Series B for $580 million.”
FTX creditor Sunil K Estimates that Bankman-Fried's stake could be worth "$700 million to $1.1 billion." One person asked Sunil K what he thought could happen to the pyre and him replied, “Must sell the share and demand the money back.” A Twitter user asked a similar question to Autism Capital: "Serious question: Is there any chance Anthropic's Bankman Fried money will be recovered?" Furthermore, it has also been reported that some Anthropic researchers previously worked for Openai.
Last month, news startup Semafor was one company that was criticized by Elon Musk for support from FTX's disgraced co-founder SBF said it would buy back SBF's stake in the company. “We plan to buy back Sam Bankman-Fried’s stake in Semafor and transfer the money to a separate account until the relevant legal authorities issue instructions on where the money should be returned,” said Justin Smith, co-founder and managing director of Semafor told The New York Times.
What do you think about Google's recent investment in Sam Bankman Fried-backed anthropic AI? Let us know your thoughts on this topic in the comments section below.
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