Google funds $400 million in artificial intelligence startup Anthropic amid ChatGPT threat
By Team Startupcity | Monday, 06 February 2023, 09:52 IST
According to a source familiar with the transaction, Google, a subsidiary of Alphabet Inc., has invested close to $400 million in artificial intelligence firm Anthropic, which is developing a competitor to OpenAI's ChatGPT. According to Thomas Kurian, CEO of Google Cloud, "AI has moved beyond academic research to become one of the major drivers of technological change, creating new potential for development and improved services across all industries."
"Google Cloud is offering open infrastructure for the upcoming wave of AI startups, and our collaboration with Anthropic is a terrific illustration of how we're enabling people and companies to harness the potential of trustworthy and ethical AI."
What is Chat GPT: In November 2022, OpenAI debuted ChatGPT, a chatbot. ChatGPT is an AI tool that responds to queries from users in a variety of subject areas with responses that sound realistic. It is constructed on top of the GPT-3 family of big language models from OpenAI and is modified using supervised and reinforcement learning methods. On November 30, 2022, ChatGPT was introduced as a prototype. It soon gained popularity for its thorough responses and clear responses in a variety of subject areas.
Chat GPT Plus: In the meantime, OpenAI has begun a US trial of the ChatGPT Plus membership procedure. What sets it apart: ChatGPT Plus, a new $20/month subscription service, will offer users a number of advantages such as quicker response times and 'general' access even during periods of high demand.
"We adore our free users and will keep ChatGPT accessible for free. We will be able to support as many individuals as possible having free access by providing this subscription pricing, "Read the declaration.
The business stated: "Based on your input and requirements, we intend to improve and grow this product. Additionally, we'll soon be offering the (ChatGPT API waitlist), and we're actively looking into solutions for more affordable plans, business plans, and data packs."
Microsoft and Open AI: The two companies recently expanded their collaboration. According to the release, "This multi-year, multi-billion dollar investment from Microsoft follows their previous commitments in 2019 and 2021 and will allow us to continue our independent research and develop AI that is increasingly safe, useful, and powerful."
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