Google is significantly expanding its AI investments with a potential commitment of up to $40 billion in Anthropic, the company behind Claude. The deal includes an immediate $10 billion investment, along with another $30 billion tied to specific performance targets. That would value Anthropic at around $350 billion.
The partnership is unusual because Google is both a major investor in Anthropic and a direct competitor through Gemini. The move follows Amazon’s recent $25 billion commitment to Anthropic and highlights how tech giants are spreading their bets across multiple AI players while competing for computing power, talent, and market share.