Artificial San Francisco startups are often cast as independent players in AI races. Deeper tie More to Google than previously known. Court documents recently obtained by The New York Times reveal that Google owns 14% of the company and is planning to pour an additional $750 million through convertible debt transactions. In total, Google’s investment in humanity is currently over $3 billion.
Despite lack of voting rights, board seats, or direct control over the company, Google’s support raises questions about how many independent humanity actually exists. As AI startups increasingly rely on funding from tech giants, regulators have scrutinized whether these transactions would offer unfair benefits to incumbents, but the Justice Department just said I dropped the suggestion It would have been forced to sell some of those stakes.
Google, which is developing its own technology while quietly funding its competitors, is clearly hedging its bet. Meanwhile, Amazon has agreed to invest because it focused money on humanity. $8 billion So far, it’s natural to wonder what such bonds mean for humanity and other big AI startups in costume. Are they still heretics or are they an extension of major technology?
Above: Humanity Co-Founder and CEO Dario Amodei speaks at Viva Technology in Paris.