Dan Loeb is swapping out one of the cheapest industry-leading AI stocks for another with well-defined competitive advantages and a nosebleed valuation.
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Google might have just invested another billion dollars into Anthropic, who is one of the main rivals of OpenAI.
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Google is deepening its partnership with Anthropic after it invested an additional $1 billion in the AI startup, a contender of ChatGPT maker OpenAI.