Isomorphic was spun out of Google’s AI research arm Google DeepMind in 2021, but remains a wholly owned subsidiary of its parent company, Alphabet. The start-up’s potential has attracted big pharmaceutical partners, which are keen to lower expenses and boost efficiency of the costly drug development process.

Anthropic has reportedly raised around $1 billion from Google as the AI company looks to deliver a number of major product updates this year. First reported by the Financial Times, Google’s fresh investment brings the tech giant’s total stake in Anthropic to around $3 billion.

Google (GOOGL) is investing a further $1B into OpenAI competitor Anthropic, The Financial Times’ George Hammond, Madhumitda Murgia, and Arash

Google has agreed to a new investment of more than $1 billion in generative AI startup Anthropic, a person familiar with the situation confirmed to CNBC.

Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI.

Google is set to invest over $1 billion in AI startup Anthropic, separate from Anthropic's recent $2 billion funding round led by Lightspeed Venture Partners.

Jan 14 (Reuters) - The European Commission is reevaluating its probes into tech giants including Apple (AAPL.O), opens new tab, Meta (META.O), opens new tab and Alphabet's (GOOGL.O), opens new tab Google, the Financial Times reported on Tuesday.

The investment is said to be separate from Anthropic's ongoing $2bn fundraising round led by Lightspeed Venture Partners.

The Financial Times report said Google’s new investment was separate from the Lightspeed Venture Partners funding round

Google made an additional investment of more than $1 billion in AI startup Anthropic as it looks to better compete against OpenAI.