The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.

Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to comment.

Google is making a fresh investment of more than $1 billion into AI startup Anthropic, the Financial Times reported on Wednesday.

The new tranche of money from Google into Anthropic adds to a total investment of $8bn from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.

Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI. A fresh injection of funding for the AI start-up is underway after the tech giant reportedly made another huge investment into the startup,

Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion.

The UK’s competition watchdog has launched an investigation into Apple and Google’s mobile platforms, just days after the government forced out its chair as part of a push to cut the regulatory burden on business.

Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.

Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash

Google is set to invest over $1 billion in AI startup Anthropic, separate from Anthropic's recent $2 billion funding round led by Lightspeed Venture Partners.

Isomorphic was spun out of Google’s AI research arm Google DeepMind in 2021, but remains a wholly owned subsidiary of its parent company, Alphabet. The start-up’s potential has attracted big pharmaceutical partners, which are keen to lower expenses and boost efficiency of the costly drug development process.

Google (NASDAQ:GOOG) (NASDAQ:GOOGL) said on Wednesday that it has signed a deal with the Associated Press to boost results in its Gemini app. As part of the deal, the AP will deliver a feed of "real-time" information to enhance what users look for in the Gemini app,