Google Bets Up to $40B on Anthropic as AI Compute Race Grows

Google Cloud Capacity Could Help Anthropic Ease Model Growth Constraints Michael Novinson (MichaelNovinson) • April 28, 2026

Google plans to deepen its ties with Anthropic through an initial $10 billion investment and up to $30 billion more tied to performance milestones.

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The deal expands the Silicon Valley-based search and cloud computing giant's role as both an investor, infrastructure partner and rival of Anthropic, with Google competing against the San Francisco-based artificial intelligence company through Gemini but also profiting as Anthropic's Claude platform keeps growing. The Google-Anthropic pact comes days after Amazon committed up to $25 billion to Anthropic.

Google's investment is being made at a valuation of approximately $350 billion - which aligns with Anthropic's February funding round - despite secondary market interest suggesting valuations as high as $800 billion, said Bloomberg, which first reported the news ...