ChatGPT Effect? Google Intensifies AI Focus With Latest Investment

Alphabet Inc GOOG GOOGL Google invested nearly $400 million in artificial intelligence startup Anthropic AI, which trialed a rival to OpenAI's ChatGPT.
Anthropic chose Google Cloud as the preferred cloud provider for building AI systems.
Google Cloud plans to build large-scale, next-generation TPU and GPU clusters that Anthropic plans to use to train and deploy its cutting-edge AI systems.
Anthropic CEO Dario Amode said, "We've been impressed with Google Cloud's open and flexible infrastructure. We are excited to partner with Google to scale up our systems in the coming months."
Anthropic was founded in January 2021 by the team behind AI breakthroughs like GPT-3 and Reinforcement Learning from Human Feedback (RLHF).
Recently, Google trialed new AI-powered chat products to integrate them into a search engine.
Google worked on a project under its cloud unit called "Atlas" to respond to the large-language chatbot ChatGPT.
Google also tested a chatbot called "Apprentice Bard," where employees can ask questions and receive detailed answers similar to ChatGPT.
The product tests followed a meeting where employees flagged the company's competitive edge in AI, given the sudden popularity of Microsoft Corp MSFT backed OpenAI's ChatGPT.
Microsoft shared a new multiyear, $10 billion deal in January with OpenAI. The deal followed its previous investments in 2019 and 2021.
Price Action: GOOG shares traded lower by 1.19% at $103.53 premarket on the last check Monday.