GOOGLE COMMITS TO INVEST $2 BILLION IN OPENAI COMPETITOR ANTHROPIC

Summary from the TLDR newsletter

Google has agreed to invest up to $2 billion in Anthropic. The deal involves a $500 million upfront investment with an additional $1.5 billion to be invested over time. Google already had a stake in Anthropic after investing $300 million in the company back in April. Anthropic was valued earlier this year at $4.1 billion.