Google Cloud announced a price hike for certain server, storage and networking services that will take effect on Oct. 1, in the latest sign of CEO Thomas Kurian’s efforts to improve the unit’s profitability. Customers who use Google Cloud’s storage services will see the biggest price hikes, with fees doubling for certain services designed to handle infrequently-accessed data. Google Cloud is...
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Anthropic in Talks to Raise $2 Billion From Google and Others Just Days After Amazon Investment
Anthropic, one of the main rivals of OpenAI, is in talks with investors to raise at least $2 billion in new funding, following a commitment from Amazon last week to invest $1.25 billion in the company, according to three people with direct knowledge. Anthropic has told investors that Google, which bought a roughly 10% stake in the startup in 2022, is expected to invest in the round, two of the...
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