Alphabet’s Google is deepening its bet on Anthropic with a deal that could total up to $40 billion, underscoring how the AI arms race is increasingly being fought not only with models, but with capital and computing power.
Bloomberg reported on Friday that Google has agreed to invest an initial $10 billion in Anthropic at a $350 billion valuation, with the option to invest an additional $30 billion if specified performance milestones are met. The agreement also includes Google Cloud supplying Anthropic with up to 5 gigawatts of computing capacity over the next five years, with room to expand… Read more
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