Anthropic · Google · Stripe · TechCrunch AI
Anthropic becomes first AI firm to join the Frontier carbon removal coalition
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Anthropic is joining Frontier, the carbon removal collective, contributing to a new $915 million tranche of funding and marking its arrival as the first AI startup to join the group.
Key facts
- So far, Frontier has contracted nearly $700 million across more than 50 projects to remove 1.8 million tons of carbon
- The organization said it will fund fewer projects, focusing on those that it thinks have the best chance at removing a gigaton — 1 billion metric tons, of CO 2 or more annually
- The new funding nearly doubles pledges to Frontier, bringing the total to $1.8 billion
- Anthropic is joining Frontier, the carbon removal collective, contributing to a new $915 million tranche of funding and marking its arrival as the first AI startup to join the group
Summary
The new funding nearly doubles pledges to Frontier, bringing the total to $1.8 billion. The new funding will help bolster Frontier’s position in the carbon removal industry, but more notable are Anthropic’s pledges. Joining Frontier is Anthropic’s first climate-related deal. Frontier was founded by tech companies, including Stripe, Google, and Shopify, to help them fulfill their climate pledges.