India, April 24 -- Google is setting its sights on a huge investment, potentially reaching $40 billion, in Anthropic, which shows just how fierce the competition for computing power in AI is becoming.

Reports suggest that Google, under its parent company Alphabet, will kick things off with a $10 billion investment, valuing Anthropic at around $350 billion. The remaining $30 billion is likely to be released contingent on the company hitting specific performance targets.

This comes on the heels of Anthropic launching its newest AI model, Mythos. They say it's their most powerful system yet, packed with advanced cybersecurity features. But there are concerns about misuse, so access has been limited to a few select partners, and it seems the ...