Google eyes $40B Anthropic deal
- Google plans to invest $10 billion in Anthropic now, with another $30 billion possible later, according to Bloomberg and The Information reports published on April 24. - The package also includes a five-gigawatt compute deal, tying Anthropic’s financing to access to Google infrastructure as the startup expands Claude and other frontier artificial-intelligence models. - The talks extend a partnership Google had already deepened through earlier Anthropic investments and cloud deals, as AI labs race to lock up chips, power and data centers. (bloomberg.com)
Google is planning a new Anthropic investment that could reach $40 billion, alongside a huge compute agreement, Bloomberg and The Information reported on April 24. (bloomberg.com) (theinformation.com) Bloomberg reported Google will invest $10 billion immediately and could add another $30 billion later. The Information reported the companies also agreed to a five-gigawatt compute deal. (bloomberg.com) (theinformation.com) That structure pairs cash with access to the hardware and electricity needed to train and run large artificial-intelligence models. Anthropic sells the Claude family of models and has been adding capacity through cloud and chip supply agreements. (theinformation.com) (bloomberg.com) Anthropic’s demand has been climbing fast. Bloomberg reported on April 6 that the company’s revenue run rate had topped $30 billion, up from $9 billion at the end of 2025. (bloomberg.com) The startup had already raised $30 billion in Series G funding in February at a $380 billion post-money valuation, Anthropic said. Bloomberg reported this week that the new Google investment would be made at a $350 billion valuation. (anthropic.com) (bloomberg.com) Google and Anthropic are not simple allies. Bloomberg described them as both partners and rivals, because Google builds its own artificial-intelligence models while also backing one of the field’s fastest-growing competitors. (bloomberg.com) The relationship was already deep. The Information reported earlier this month that Google had invested more than $3 billion in Anthropic, and Bloomberg reported in October that Google agreed to supply up to 1 million of its specialized artificial-intelligence chips. (theinformation.com) (bloomberg.com) Alphabet has also been ramping up spending on data centers for its own artificial-intelligence push. Bloomberg reported in February that the company was set to spend more in 2026 than in the prior three years combined. (bloomberg.com) The proposed Anthropic package shows how the AI race is being financed now: not just with venture capital, but with long-term claims on chips, cloud capacity and power. For the biggest model makers, money and compute are starting to look like the same thing. (theinformation.com) (bloomberg.com)
