Google Signs Pentagon AI Deal
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Google plans up to $40B investment in Anthropic as AI rivals race to secure massive compute capacity, following the limited release of its powerful, cybersecurity-focused Mythos model.
Google is preparing an investment in Anthropic worth up to $40B, pairing cash with cloud capacity as demand for Claude fuels the latest major AI megadeal.
In today’s Digest, we cover Pinterest launching CTV audiences following its tvScientific deal, Google signing a Pentagon agreement for ‘any lawful’ AI use, and Anthropic testing AI-to-AI commerce in an internal marketplace pilot.
Anthropic said its latest agreement with Google expands on a longstanding partnership between the two companies.
Alphabet appears to be getting a spectacular deal on Anthropic shares.
The Department of Defense is broadening its deployment of Alphabet Inc.'s GOOG GOOGL Google Gemini artificial intelligence model for classified national security projects as it diversifies military AI partnerships following Anthropic's exclusion from defense contracts.
Google is investing $10bn in Anthropic, with another $30bn to potentially follow if the AI start-up meets set performance milestones.
The investment comes as the A.I. start-up looks to keep up with accelerating demand for its business and coding products.
Alphabet’s investment comes as tech firms increase spending on AI, cloud computing, and infrastructure amid intense industry competition.
The Google-Anthropic partnership drove Anthropic from $9B to $30B in three months. Here's what that growth signals for enterprise AI adoption.