Google decided to invest in OpenAi's ChatGPT competitor, Claude.
The search engine giant decided to put $300 million into Anthropic as it joins the ongoing AI race.
Thanks to this financial assistance, Anthropic's value is expected to reach around $5 billion.
As of writing, artificial intelligence companies are attracting giant tech firms. Previously, Microsoft also announced a billion-dollar investment in OpenAI.
Google Invests Millions of Dollars in ChatGPT's Competitor!
According to Venture Beat's latest report, the latest million-dollar investment made by Google will allow the company to have 10% of Anthropic's stake.
Also Read : Nvidia Unveils New AI Tech 'Magic3D' that Creates High-Resolution 3D Models From Text Prompts
Besides, Claude's developer will also be required to use the money for Google Cloud computing resources.
Of course, Google will also have access to Claude, a new generative AI model launched to compete against ChatGPT.
As of writing, Claude is only available in closed beta via a Slack integration.
What is Claude?
TechCrunch reported that Claude is a statistical tool that works like ChatGPT.
This means that the AI model can also answer questions and predict words.
It was developed by Anthropic, a San Francisco-based startup founded by former OpenAI employees in 2021.
Anthropic designed Claude using a process called Constitutional AI.
The company explained that this process is based on concepts such as autonomy, non-maleficence, and beneficence.
The tech firm explained that the Constitutional AI process involves supervised learning and a reinforcement learning phase.
Thanks to this, Claude can share jokes and answer complicated queries about numerous topics.
But, unlike ChatGPT, Claude can make more human-like responses. As of press time, Anthropic is still refining its AI model.
The company said it would soon open Claude's beta version to more users.
If you want to learn more details about Claude, you can click this link.
Other stories we recently wrote about artificial intelligence.
In January, ChatGPT users reached over 100 million. This made artificial intelligence the fastest-growing app in history.
We also reported about Nvidia's AI tech that can create high-resolution 3D models from text prompts.
For more news updates about AIs and other advanced technologies, always keep your tabs open here at TechTimes.