more circular money deals... what can go wrong?
Nvidia, Microsoft invest $15 billion in AI startup Anthropic
Nvidia committed up to $10 billion
Microsoft, which owns 27 percent of Anthropic rival OpenAI,
pledged up to $5 billion to the maker of Claude AI models.
The deal was part of a sweeping agreement that saw Anthropic commit to purchasing $30 billion in Microsoft's cloud computing capacity and adopt the latest versions of Nvidia's chip technology.
more headlines:
Nvidia, Microsoft Investment Raises Anthropic's Valuation to $350 Billion
Nvidia, Microsoft deal takes 'circular' financing to entirely new level
Anthropic to use Google's AI chips worth tens of billions to train Claude chatbot
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