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Google Commits Up to $40 Billion to Anthropic, Surpassing Gemini

Google is making a substantial investment commitment to Anthropic, pledging up to $40 billion, including $10 billion in cash at a $350 billion valuation and an additional $30 billion contingent on hitting performance benchmarks. The agreement also features a provision for five gigawatts of computing power over five years, totaling around $43 billion in support. This move coincides with Anthropic’s impressive growth, as its annual recurring revenue (ARR) surged to $30 billion from just $1 billion in early 2025, reflecting robust market confidence and expansion.

The Next Web
The Next Web