Google has invested an additional $1 billion in AI company Anthropic, bringing their total investment to $3 billion. This latest funding grants Google a 10% ownership stake in Anthropic and includes a substantial cloud computing contract between the companies.

Key developments:

• Anthropic's revenue reached $800M annually in December, a 10x increase year-over-year
• The company is in discussions to raise another $2 billion at a $60 billion valuation
• Amazon recently invested $4 billion, making AWS Anthropic's primary cloud and training partner
• Total Amazon investment stands at $8 billion, though they remain a minority investor without board representation

Anthropic, founded by former OpenAI executives, launched its Claude AI model in March 2023. The company recently debuted Claude 3.5 Sonnet, their most advanced AI model to date, featuring improved capabilities in understanding nuance, humor, and complex instructions.

The company also introduced 'Artifacts,' a dynamic workspace allowing real-time editing and building upon Claude's outputs. This development addresses growing enterprise adoption, as noted by Co-Founder Daniela Amodei: "People are kind of using Claude at the office already."

These investments reflect the expanding generative AI market, which is projected to generate over $1 trillion in revenue in the next decade. Major tech companies continue to position themselves strategically, with Microsoft backing OpenAI while developing their own AI technologies.

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