Anthropic · TechCrunch AI
Google to invest up to $40B in Anthropic in cash and compute
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Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports.
Key facts
- It also this week secured an additional $5 billion investment from Amazon, part of a broad agreement under which Anthropic is expected to spend up to $100 billion for around 5 gigawatts of compute
- Anthropic’s valuation stood at $350 billion as recently as February; investors have since been eager to back the company at $800 billion or more
- Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports
- The new Google investment expands that arrangement, with Google Cloud now providing a fresh 5 gigawatts of capacity over the next five years, with room to scale further
Summary
The promise of investment comes after Anthropic released its latest model, Mythos, to a limited group of partners this month. The AI race is increasingly defined by access to the compute needed to train and deploy these systems. Anthropic has been in a scramble of its own. While Google is a direct competitor in AI models, it’s also a key infrastructure supplier to Anthropic.