Doesn't mean they know how to make it into a product.

A common failure mode for startups and a reminder of how universal those lessons are. Whether it would be the death knell of Google we'll have to wait a bit longer.

> Whether it would be the death knell of Google we'll have to wait a bit longer.

I don't understand the trope on HN that OpenAI is a competitor to Google. I do not think Google has the appetite or DNA to be purely an AI API vendor; I don't think selling APIs is as profitable as Google current business. Google investing in Anthropic is a good, cheap hedge against the low-probability (IMO) event that LLMs somehow displace the search results page and display ads.

Still not just "PR hype".

xerox as well invented computer mouse and GUI as we know it.

And you wouldn't accuse Xerox of doing "PR hype". Xerox did the exact opposite thing, they had not realized the value of research done in PARC.