Google just invested over $1 billion in Anthropic, a hot AI startup. This adds to their previous $2 billion investment, giving them a 10% stake. Anthropic's valuation could hit $60 billion with a new funding round.
Anthropic's best-known product is the chatbot Claude. The company's revenue is skyrocketing, with annualised sales reaching $1 billion in December 2024. That's a 10x increase from the previous year!
Anthropic is backed by big players like Amazon, which has invested $8 billion so far. The AI market is expected to balloon to over $1 trillion in the next decade.