Google has made an investment in Anthropic, a prominent player in the AI sector. The tech giant has finalized a deal to inject $10 billion into Anthropic, with the potential for an additional $40 billion based on performance metrics. This investment comes shortly after Anthropic secured a $25 billion deal with Amazon.
It’s worth noting that Google is both a competitor to Anthropic through Gemini and a critical provider of infrastructure via Google Cloud and its specialized tensor processing units (TPUs) designed for AI tasks.
Under the terms of the agreement, Google’s initial investment in Anthropic stands at $10 billion, valuing the company at $350 billion, reflecting its previous funding round’s market valuation. However, there are reports suggesting that Anthropic has received offers at valuations exceeding $800 billion.
Following the initial investment, Google retains the option to invest an additional $30 billion in Anthropic, subject to specific performance criteria, although the exact details of these criteria remain undisclosed.
Earlier this month, Anthropic announced a new partnership with Google and Broadcom for the acquisition of multiple gigawatts of next-generation TPU capacity, expected to be operational by 2027.
Anthropic has emerged as a prominent figure in the AI industry, boasting successful products like Claude Code and Claude Cowork. The company’s cutting-edge AI model, Claude Mythos, known for its exceptional power, has not been publicly released due to potential high operational costs at scale.
Tech giants such as Google and Amazon are keen to capitalize on the Anthropic phenomenon, having been early investors in the AI startup. Anthropic’s projected revenue for 2026 has surged to over $30 billion, up from around $9 billion at the close of 2025. The company is experiencing heightened demand for AI models, leading to a quest for expanded infrastructure. Recent complaints about Claude usage limits have prompted Anthropic to secure capacity deals, including a partnership with CoreWeave for data center capacity.