Big Tech companies are aggressively pursuing investments and alliances with artificial intelligence start-ups through their cloud computing arms, raising regulatory questions over their role as both suppliers and competitors in the battle to develop “generative AI”. Google’s recent $300mn bet on San Francisco-based Anthropic is the latest in a string of cloud-related partnerships struck between nascent AI groups and the world’s biggest technology companies. Anthropic is part of a new wave of young companies developing generative AI systems, sophisticated computer programs that can parse and write text and create art in seconds, that are rivalling those being built in-house by far larger companies such as Google and Amazon.
Anthropic emphasizes A.I. safety and includes leaders who left OpenAI over worries it was prioritizing business concerns.
Wearable technology is becoming an integral part of everyday life, but it’s been hit or miss Alphabet Inc. (NASDAQ: GOOGL) released Google Glass in 2013, which faded into obscurity almost as soon as it was released. Google ultimately lost more than $895 million from the product, and the future of the technology is unknown. In slight contrast, Meta Platform Inc.’s (NASDAQ: META) Quest series has seen some success, generating billions in revenue and taking a roughly 90% market share in the virtual