Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year.

Google has decided to invest another billion into Anthropic, four sources told the Financial Times, bringing its total sunk cost to more than three billion dollars. Both companies have declined to comment.

The new funding builds on Google’s past investments of $2 billion in Anthropic and 10% ownership stake in the startup, as well as a large