Google Plans Up to $40 Billion Anthropic Investment, Secures AI Compute Capacity

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

Leave a Reply

Your email address will not be published. Required fields are marked *

UP NEXT

Related Tags

Loading RSS Feed

You May Like

Subscribe To Our Newsletter

Metus in ac vivamus dui id purus in risus. Nunc fringilla donec amet pulvinar vivamus suscipit. Augue porttitor eu sed proin tortor bibendum facilisis felis. Nunc egestas tellus nisl tempor aliquet malesuada ali eu sed proin tortor bibendum facilisis felis
Stay Updated by our Monthly / Weekly News Update. Zero Spamming. Terms & Condition Applied