Nearly $400 million is invested in ChatGPT rival Anthropic by Google.

Anthropic, an artificial intelligence firm developing a competitor to OpenAI’s ChatGPT, has received approximately $400 million from Google, an Alphabet Inc. company, according to reports.

Anthropic will employ Google’s cloud computing capabilities, according to a collaboration that Google and Anthropic separately announced.

The agreement provides Google a share in Anthropic, but it is not mandatory for the firm to use the money to purchase cloud services.