#ai-investment

Google is set to invest at least $10 billion in Anthropic, with the deal potentially rising to $40 billion if performance targets are met, intensifying the contest to secure AI customers through cloud and chip access.

Google is reportedly committing an initial $10 billion to Anthropic, with another $30 billion tied to performance targets, while also expanding the AI company’s access to large-scale Google Cloud compute.

A new funding wave around artificial intelligence is concentrating capital in a small group of U.S. companies, reversing a period when startup investment had spread more broadly across global tech hubs.

Meta is reportedly weighing layoffs that could affect one in five employees as the company seeks to offset massive spending on AI infrastructure, acquisitions, and hiring.

MassRobotics, NVIDIA, and AWS have named the nine Physical AI Fellowship startups in their second cohort, providing mentorship, cloud computing resources, and industry connections to early-stage companies building AI-powered physical systems.

JPMorgan Chase is expanding its artificial intelligence investments as the bank's total technology budget approaches $20 billion annually.

Google's parent company Alphabet sells century bonds in a rare capital markets move. The proceeds will finance massive AI infrastructure investments through 2030.