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AI & Enterprise

Google to make major new investment in Anthropic, up to $40 billion

Google plans to invest up to $40 billion more in Anthropic, The Wall Street Journal reported on April 24. Based on Anthropic’s $350 billion valuation, Google would first invest $10 billion and then commit up to $30 billion more if Anthropic meets certain performance targets, the report said. Anthropic has raised $65 billion in new funding this month. Amazon recently invested $5 billion and may add up to $25 billion under conditions.

AI & Enterprise

Google in talks with Marvell to co-develop inference-focused TPU and new memory processing unit

Google is discussing plans with Marvell Technology to jointly develop two new chips that could run AI models more efficiently, The Information reported, citing two sources. One chip is a memory processing unit designed to work with Google\'s tensor processing units, splitting AI workloads by compute and memory demands. The other is a new TPU specialised for running AI models. The companies aim to finalise the design as early as next year and begin trial production.

AI & Enterprise

Amazon to invest up to $25 billion more in Anthropic, provide AI chips

Amazon will invest up to an additional $25 billion in Anthropic, CNBC reported on April 20. The sum adds to an existing $8 billion. Anthropic plans to spend more than $100 billion over the next 10 years on AWS technology, including Trainium2 and Trainium3, and has secured up to 5 gigawatts of capacity for training and deploying Claude. Of the investment, $5 billion will be deployed immediately and $20 billion upon meeting specific goals.