It is no secret that Google is interested in artificial intelligence. The company has made several announcements over the years. It felt like the company was at the forefront of things, but only when OpenAI kicked in the door with ChatGPT did the AI race truly kick off.

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

The cash infusion comes on top of the $2 billion that Google has already provided to the artificial intelligence developer. Separately, Anthropic is said to be raising $2 billion from a group of institutional investors led by Lightspeed Venture Partners. The latter deal is expected to value the company at $60 billion.

The new tranche of money from Google into Anthropic adds to a total investment of $8 billion from Amazon, the ecommerce group’s largest-ever venture investment, announced over the past 18 months. Amazon is also working to embed the Claude models into the next-generation version of its Alexa speaker.

Google has announced another $1 billion investment into Anthropic, bringing its total investment in the AI company to $3 billion. That’s still peanuts compared to Amazon’s total $8 billion investment in Anthropic.