Google’s parent company Alphabet plans to invest up to $40 billion in Anthropic, as the tech giant deepens its partnership with the artificial intelligence startup, which is also a rival in the global AI race.
Anthropic said Friday that Google has committed $10 billion in cash at a current valuation of $350 billion to help significantly expand its computing power, and plans to invest another $30 billion if the cloudmaker meets its performance goals.
The investment comes days after e-commerce giant Amazon announced it would invest up to $25 billion in the startup. The company has managed to stand out in the crowded AI industry by focusing model training on coding.
Anthropic’s Claude Code tool is gaining strong traction among developers.
The company’s annual run-rate revenue topped $30 billion this month, up from about $9 billion at the end of 2025.
The startup raised $30 billion in a funding round in February, valued at a post-money valuation of $380 billion amid significant investor interest, and is attracting offers from venture capital firms with valuations reaching $800 billion, according to media reports.
In search of computing power
Due to strong demand for the Claude family of AI models, Anthropic recently signed several large contracts to acquire more computing power.
Earlier this month, the company signed a multi-year deal with chipmaker Broadcom and cloud infrastructure company Coreweave that will secure nearly 1 gigawatt of capacity via Amazon’s chips by the end of the year.
Anthropic announced last year that it would invest $50 billion to build data centers in the U.S. to provide infrastructure for model deployment and training.
Earlier this year, a series of plug-in releases for Anthropic’s Cowork agents triggered a ferocious slide in global software stocks as investors considered the disruptive potential of sophisticated AI tools.
