Market Chatter: Google DeepMind Founder Also Early Investor in Anthropic

MT Newswires Live05-19 23:52

Demis Hassabis, the founder of Alphabet's (GOOGL, GOOG) Google DeepMind, is also an angel investor in Amazon.com-backed (AMZN) Anthropic, the Financial Times reported Tuesday, citing sources familiar with the matter.

Financial details of the investment were not disclosed.

Hassabis, who sold DeepMind to Google in 2014, is also an early investor in other former colleagues' businesses, according to the report. Google has separate holdings in Anthropic via billions of dollars in investments, the Financial Times added.

Anthropic did not respond to MT Newswires' request for a comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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