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

TheMotleyFool 
0 0 24.05.23
Former OpenAI Execs Secure $450 Million Funding for Google-Backed AI Venture Anthropic -- Should Microsoft Be Worried?: https://g.foolcdn.com/editorial/images/733637/artificial-intelligence.jpg
 

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.

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Source Fool.com

Microsoft Corp. Stock

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The Microsoft Corp. stock is trending slightly upwards today, with an increase of €0.50 (0.130%) compared to yesterday's price.
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