"Microsoft and Nvidia plan to invest in Anthropic under a new tie-up that includes a $30bn commitment by the Claude maker to use Microsoft's cloud services, the latest high-profile deal binding together major players in the AI industry. Nvidia will commit up to $10bn to Anthropic and Microsoft up to $5bn, the companies said on Tuesday, without sharing more details. A person familiar with the matter said both the companies have committed to investing in Anthropic's next funding round."
"The move comes weeks after OpenAI unveiled a sweeping restructuring that moved it further away from its non-profit roots, giving it greater operational and financial freedom. The startup has since then announced a $38bn deal to buy cloud services from Amazon.com as it reduces reliance on Microsoft. Its CEO, Sam Altman, has said OpenAI is committed to spending $1.4 trillion to develop 30 gigawatts of computing resources enough to roughly power 25 million US homes."
Microsoft and Nvidia are entering a strategic investment and partnership with Anthropic that includes Anthropic committing $30bn to use Microsoft's cloud services. Nvidia will commit up to $10bn and Microsoft up to $5bn in investments, with both companies participating in Anthropic's next funding round. The deal deepens commercial ties among major AI players and positions Microsoft and Nvidia closer to a leading ChatGPT rival. OpenAI has pursued its own cloud deals and announced plans to scale massive computing resources, while investors warn that circular revenue arrangements and rapid capital deployment raise bubble and fundamentals concerns.
Read at www.aljazeera.com
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