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Google to Commit Up to $40 Billion to Anthropic in Milestone‑Based Deal

Google to Commit Up to $40 Billion to Anthropic in Milestone‑Based Deal Engadget
Alphabet's Google will invest $10 billion in AI startup Anthropic now, with an option to add $30 billion if the firm hits performance targets. The agreement also secures five gigawatts of Google‑provided TPU capacity by 2027 and mirrors a similar multi‑billion‑dollar pact the startup struck with Amazon earlier this year. Anthropic, fresh from a $30 billion funding round, will rely on Google’s silicon and cloud infrastructure as part of the deal, underscoring the growing trend of circular investments in the artificial‑intelligence sector. Read more →

Google to Commit Up to $40 Billion to Anthropic in Staged Investment

Google to Commit Up to $40 Billion to Anthropic in Staged Investment TechCrunch
Alphabet’s Google Cloud announced a multi‑phase deal that could total $40 billion for AI lab Anthropic. The first tranche of $10 billion values the startup at $350 billion, with an additional $30 billion tied to performance milestones. The partnership expands Anthropic’s access to Google’s tensor processing units and adds roughly 5 gigawatts of compute capacity over five years. The move follows Anthropic’s rollout of its latest model, Mythos, and comes as the firm also secures funding from Amazon and eyes a possible IPO later this year. Read more →