Nvidia, Microsoft invest $15 billion in AI startup Anthropic

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Chip giant Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, as the AI investment frenzy continues amid emerging fears of a bubble on Wall Street.

Nvidia committed up to $10 billion while Microsoft — which owns 27% of Anthropic rival OpenAI — pledged up to $5 billion to the maker of Claude AI models.

The deal was part of a sweeping agreement that saw Anthropic commit to purchasing $30 billion in Microsoft’s cloud computing capacity and adopt the latest versions of Nvidia’s…



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Nvidia, Microsoft invest $15 billion in AI startup Anthropic



Chip giant Nvidia and Microsoft announced Tuesday investments totaling $15 billion in AI startup Anthropic, creator of the Claude chatbot, as the AI investment frenzy continues amid emerging fears of a bubble on Wall Street.

Nvidia committed up to $10 billion while Microsoft — which owns 27% of Anthropic rival OpenAI — pledged up to $5 billion to the maker of Claude AI models.

The deal was part of a sweeping agreement that saw Anthropic commit to purchasing $30 billion in Microsoft’s cloud computing capacity and adopt the latest versions of Nvidia’s…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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