Google’s AI Fundraising; Anthropic’s IPO Option
The Information
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Generative AI
How is running an AI firm like running for Congress? In either case, you have to spend half your time raising money! Take Google’s surprising announcement on Monday afternoon that it plans to raise a total of $80B in equity “as part of its plan to fund investments” in AI. That’s in addition to the $85B it has already borrowed in the past year. Repeatedly raising tens of billions is par for the