Google Plans $40 Billion Investment in Anthropic at $350B Valuation

Summary

Google announced it will invest up to $40 billion in Anthropic at a $350 billion valuation, with $10 billion committed immediately in cash. The move solidifies Google as Anthropic's largest external investor and comes alongside a separate April 6 deal where Anthropic signed its largest-ever compute commitment with Google Cloud and Broadcom for multiple gigawatts of next-generation TPU capacity coming online in 2027. Anthropic CFO Krishna Rao called the compute deal "our most significant compute