Former OpenAI Execs Secure $450 Million Funding for Google-Backed AI Venture Anthropic -- Should Microsoft Be Worried?

The artificial intelligence (AI) start-up battle is heating up.

While OpenAI, backed by Microsoft (NASDAQ: MSFT), has grabbed much of the attention in the artificial intelligence industry, a team of former OpenAI execs has established its own rival to the ChatGPT creator: Anthropic. The two-year-old AI start-up just announced a $450 million funding round that included Alphabet's (NASDAQ: GOOG) (NASDAQ: GOOGL) Google, the tech giant that has emerged as Microsoft's chief rival in the fast-developing AI space.

Image source: Getty Images.

Source Fool.com

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