PANews reported on November 6th that, according to Business Insider, Google is in preliminary talks with artificial intelligence company Anthropic, planning to further increase its investment. Sources familiar with the matter said the new round of funding could value Anthropic at over $350 billion. The deal could include strategic investment (with Google providing Anthropic with more cloud computing services), convertible bonds, or a new round of priced financing to begin early next year. The New York Times reported in March, citing legal documents, that Google had invested over $3 billion in Anthropic, holding approximately a 14% stake. These latest talks come as Anthropic engages in a multi-trillion-dollar competition with its main rival, OpenAI, for dominance in generative AI models. Meanwhile, the tech giants are divided: Amazon and Google support Anthropic, while Microsoft and Nvidia have invested billions of dollars in OpenAI.PANews reported on November 6th that, according to Business Insider, Google is in preliminary talks with artificial intelligence company Anthropic, planning to further increase its investment. Sources familiar with the matter said the new round of funding could value Anthropic at over $350 billion. The deal could include strategic investment (with Google providing Anthropic with more cloud computing services), convertible bonds, or a new round of priced financing to begin early next year. The New York Times reported in March, citing legal documents, that Google had invested over $3 billion in Anthropic, holding approximately a 14% stake. These latest talks come as Anthropic engages in a multi-trillion-dollar competition with its main rival, OpenAI, for dominance in generative AI models. Meanwhile, the tech giants are divided: Amazon and Google support Anthropic, while Microsoft and Nvidia have invested billions of dollars in OpenAI.