1. OpenAI is too large a supplier for LLMs, and they are trying to create supplier diversity

2. $2B is a drop in the bucket for Google. Even after the severe fall this month, the Google Market Cap is $1.536 Trillion. Consider the investment as a % of market cap

3. It is undeniable that small players can move fast, so even if Google's AI is amazing, the slope is probably not as high as a fast moving startup

4. These products have 2nd order revenue boosters -- you might use Anthropic's marketplace app, as a theoretical example, but you end up spending much more on compute/storage/cloud in doing so, helping the cloud majors