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Alphabet Inc.’s Google is backing artificial intelligence developer Anthropic with a further $1 billion, building its stake in one of the most promising rivals to OpenAI.
The new funding comes in addition to more than $2 billion that Google has already invested in Anthropic, according to a person familiar with the deal, who asked not to be named discussing a private matter. Google has a business agreement with Anthropic that covers the use of a suite of online tools and services. Amazon.com Inc. counts among its biggest backers.
Anthropic declined…
