ai investments

AI's proxy war escalates as Google reportedly invests $2B in Anthropic

AI’s proxy war escalates as Google reportedly invests $2B in Anthropic

Anthropic, the latest beneficiary of Google’s reported massive $2 billion investment, finds itself joining OpenAI in the forefront of the artificial intelligence realm, reaping the rewards from tech behemoths that have failed to keep pace. It’s becoming a recurring theme: while some innovate, others invest. Sources familiar with the matter, as cited by The Wall …

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Vespa Secures $31M Investment from Blossom after Yahoo Spin-out

Vespa Secures $31M Investment from Blossom after Yahoo Spin-out

Vespa.ai, the robust big data serving engine that recently emerged as an independent venture following its spin-out from Yahoo (a disclaimer: TechCrunch’s parent company), has successfully closed a fresh round of funding. Blossom Capital spearheaded the $31 million investment in Vespa, with CEO Jon Bratseth highlighting the company’s intention to use the funds for the …

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