Prior to the financing, Google also signed a major cloud agreement with Anthropic, according to one person familiar with the details. Anthropic had discussed a valuation between $20 billion and $30 billion, according to the people, a pricetag that was deemed too high by some investors. While Google has a large cloud deal with the startup, as part of its investment Amazon also said it would be Anthropic’s “primary cloud provider.”The relationship between Google, Amazon and Anthropic has occasionally been awkward. Anthropic runs primarily on a combination of its own servers and computing power rented from Google Cloud Platform, source said. Amazon also has a deal with Anthropic in which the startup will use AWS cloud services and chips.

Source: The Hindu October 29, 2023 07:21 UTC