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Google Invests $10B, Offers 5GW Cloud to Anthropic

4/24/2026

48 7 Full Breakdown

Summary

Google Invests Anthropic

Google (Alphabet Inc.) is investing $10 billion in Anthropic PBC, with an option for $30 billion if targets are met.
The cash deal values Anthropic at $350 billion, matching its February round and Amazon’s $5 billion funding.
Google Cloud will provide Anthropic with 5 gigawatts of computing from 2027 for five years.
Anthropic’s Claude Code AI has raised its revenue run rate to over $30 billion, up from $9 billion in 2025.

Summary

Anthropic Limits Access

Anthropic limited Mythos to a select partner group after flagging major cybersecurity risks and potential misuse.
Complaints about Claude limits led Anthropic to sign infrastructure deals, notably a data-center agreement with CoreWeave.
Investors are pushing an IPO by October while Amazon contributed $5 billion to a $25 billion round that adds 5 GW of compute.

History

Historical Context

In 2019 Microsoft pledged $1 billion to OpenAI, granting exclusive Azure cloud access and fueling the training of large models such as GPT-3. This early corporate-backed compute deal created a template that later attracted massive funding from other tech giants, prompting regulators to examine AI market concentration and safety safeguards and the push for tighter oversight.

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Google Invests Anthropic

Google (Alphabet Inc.) is investing $10 billion in Anthropic PBC, with an option for $30 billion if targets are met.
The cash deal values Anthropic at $350 billion, matching its February round and Amazon’s $5 billion funding.
Google Cloud will provide Anthropic with 5 gigawatts of computing from 2027 for five years.
Anthropic’s Claude Code AI has raised its revenue run rate to over $30 billion, up from $9 billion in 2025.

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