positive
OpenAI Rival Secures Up to US$15 Billion from Microsoft & NVIDIA
In a major strategic move, Microsoft committed up to US$5 billion and NVIDIA up to US$10 billion to invest in the AI startup Anthropic, creator of the Claude model. As part of the deal, Anthropic will purchase up to US$30 billion of computing capacity from Microsoft’s Azure platform and adopt NVIDIA’s latest chips.
The agreement broadens the generative-AI platform competition and signals escalating infrastructure and capital war in the sector, even as concerns about an AI valuation bubble grow.
Companies:
- Microsoft
- NVIDIA
- Anthropic
Tags:
- ai
- funding
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
positive
OpenAI Rival Secures Up to US$15 Billion from Microsoft & NVIDIA
In a major strategic move, Microsoft committed up to US$5 billion and NVIDIA up to US$10 billion to invest in the AI startup Anthropic, creator of the Claude model. As part of the deal, Anthropic will purchase up to US$30 billion of computing capacity from Microsoft’s Azure platform and adopt NVIDIA’s latest chips.
The agreement broadens the generative-AI platform competition and signals escalating infrastructure and capital war in the sector, even as concerns about an AI valuation bubble grow.
Companies:
- Microsoft
- NVIDIA
- Anthropic
Tags:
- ai
- funding
M• By Harsh Ranjan
Explore:High Return Equity Mutual Fund
1 min read
78 words
Anthropic secures up to US$15 bn investment from Microsoft & NVIDIA and signs US$30 bn cloud-capacity purchase deal.
In a major strategic move, Microsoft committed up to US$5 billion and NVIDIA up to US$10 billion to invest in the AI startup Anthropic, creator of the Claude model. As part of the deal, Anthropic will purchase up to US$30 billion of computing capacity from Microsoft’s Azure platform and adopt NVIDIA’s latest chips.
The agreement broadens the generative-AI platform competition and signals escalating infrastructure and capital war in the sector, even as concerns about an AI valuation bubble grow.
In a major strategic move, Microsoft committed up to US$5 billion and NVIDIA up to US$10 billion to invest in the AI startup Anthropic, creator of the Claude model. As part of the deal, Anthropic will purchase up to US$30 billion of computing capacity from Microsoft’s Azure platform and adopt NVIDIA’s latest chips.
The agreement broadens the generative-AI platform competition and signals escalating infrastructure and capital war in the sector, even as concerns about an AI valuation bubble grow.
Companies:
- Microsoft
- NVIDIA
- Anthropic
Tags:
- ai
- funding
- ai
- funding
- startups
- cloud
- infrastructure