Google to invest up to $40 billion in Anthropic
$10 billion now at a $350 billion valuation, and $30 billion more if Anthropic hits performance targets.
What was announced
- Google invests $10 billion now, valuing Anthropic at $350 billion.
- Another $30 billion follows if Anthropic hits performance targets.
- Google Cloud will provide 5 gigawatts of new capacity over the next five years.
Background
- Just days earlier, Amazon also invested $5 billion.
- In early April, Anthropic signed a TPU deal with Google and Broadcom for 3.5 gigawatts from 2027.
- The same month, Anthropic released its Mythos model to a limited group of companies.
What's next
According to Bloomberg, investors want to value Anthropic at $800 billion or more, and an IPO could come as soon as October.
Founder and editor-in-chief of Kurd Developers. Phone and tech news on YouTube, Instagram and TikTok.
More stories
One text can break your phone: Android's 'SMS of Death' explained
A flaw in Android 12 and later lets a specially crafted SMS drop calls and even make a phone unusable. The fix is in October's security patch.
GTA VI lands November 19: prices, editions and what to know
Rockstar has locked the date: Thursday, November 19 on PS5 and Xbox Series X|S. Standard costs $79.99 and Ultimate $99.99.
Apple's first touchscreen MacBook Pro brings OLED and Dynamic Island
The new PROLED XDR display responds to touch, the notch is gone and Dynamic Island takes its place. Prices start at $2,899.
The $1,999 iPhone Duo Has a Black-Bar Problem, and Fixing It Is Harder Than It Looks
Apple's first foldable is a hardware flex. But unfold it and many of your apps shrink into a phone-shaped window floating in black. Here's why the app world wasn't ready, and why developers can't just hit "stretch".