Google is stepping up its investment in Anthropic, a potential competitor to OpenAI, with a valuation potentially exceeding $35 billion.

Insiders reveal that Google is currently in preliminary discussions about significantly increasing its investment in the artificial intelligence startup company Anthropic. Media reports suggest that after the new round of funding is completed, Anthropic's valuation could exceed $350 billion. The insiders added that this potential new agreement is still being negotiated, and its forms may include a priced financing round early next year, issuing convertible bonds, or making strategic investments, such as providing more cloud computing services to Anthropic. A few weeks ago, the two companies announced an agreement in which Google will supply up to 1 million specialized artificial intelligence chips to the AI startup Anthropic PBC. This arrangement provides Anthropic with more powerful computing support, while also consolidating Google's position as a major investor and key infrastructure supplier, expanding its leading edge in the increasingly fierce competition of large-scale AI model arms race.