---
title: "Google to invest up to $40B in Anthropic"
url: https://stacklist.com/card/88cf9aec-7e0e-4b6a-8792-89ceef8d4a91
source_url: "https://techcrunch.com/2026/04/24/google-to-invest-up-to-40b-in-anthropic-in-cash-and-compute/"
stack: https://stacklist.com/c/finance/stack/c6464fda-6641-4252-9426-0e46ec6243cf
summary: "Google plans to invest up to $40 billion in Anthropic, with an initial $10 billion commitment at a $350 billion valuation and another $30 billion contingent on performance targets. The deal expands Anthropic's access to Google Cloud infrastructure, including 5 gigawatts of TPU-based computing capacity over five years, amid an intensifying AI compute race."
tags: "google, anthropic, ai-investment, cloud-computing, compute-infrastructure, fundraising, tpu"
key_entities: "Google (organization), Anthropic (organization), Alphabet (organization), OpenAI (organization), Amazon (organization), CoreWeave (organization), Cerebras (organization), Broadcom (organization), Nvidia (organization), Google Cloud (organization), Mythos (technology), Tensor Processing Units (TPUs) (technology), Claude (technology), Rebecca Bellan (person), TechCrunch (organization), Bloomberg (organization), AI compute race (concept)"
classification: "analysis"
content_hash: "sha256:b7c55822b085ba6ab1709223375faf60d1282ce5df7421478c8e9737d7001e6c"
acp_version: "0.2"
token_counts_approximate: 1610
visibility: public
agent_accessible: true
status: "final"
---

# Google to invest up to $40B in Anthropic

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Close TechCrunch Desktop Logo TechCrunch Mobile Logo Latest Startups Venture Apple Security AI Apps Events Podcasts Newsletters Search Submit Site Search Toggle Mega Menu Toggle Topics Latest AI Amazon Apps Biotech & Health Climate Cloud Computing Commerce Crypto Enterprise EVs Fintech Fundraising Gadgets Gaming Google Government & Policy Hardware Instagram Layoffs Media & Entertainment Meta Microsoft Privacy Robotics Security Social Space Startups TikTok Transportation Venture More from TechCrunch Staff Events Startup Battlefield StrictlyVC Newsletters Podcasts Videos Partner Content TechCrunch Brand Studio Crunchboard Contact Us Image Credits: Jakub Porzycki/NurPhoto / Getty Images AI Google to invest up to $40B in Anthropic in cash and compute Rebecca Bellan 11:00 AM PDT · April 24, 2026 Google plans to invest up to $40 billion in Anthropic and support the AI firm’s growing computing needs, Bloomberg reports . The Alphabet subsidiary is committing to invest $10 billion now, at a $350 billion valuation for Anthropic, with another $30 billion to follow if Anthropic hits certain performance targets, according to Anthropic. The promise of investment comes after Anthropic released its latest model, Mythos, to a limited group of partners this month. Anthropic says that Mythos is the company’s most powerful model to date and has significant cybersecurity applications. Due to potential misuse, Anthropic has restricted broader access while it works with select organizations to evaluate and address those risks — though the model has already fallen into unsanctioned hands . It’s also likely expensive to run at scale. The AI race is increasingly defined by access to the compute needed to train and deploy these systems. OpenAI has moved aggressively to secure that capacity through a web of multi-hundred-billion-dollar deals across cloud providers, chip suppliers, and energy, including an expanded deal with chipmaker Cerebras this month. Anthropic has been in a scramble of its own. The company has faced widespread complaints about Claude use limits in recent weeks and responded with a bevy of infrastructure deals. Earlier this month, Anthropic struck a deal with cloud computing provider CoreWeave for data center capacity. It also this week secured an additional $5 billion investment from Amazon, part of a broad agreement under which Anthropic is expected to spend up to $100 billion for around 5 gigawatts of compute capacity over time. While Google is a direct competitor in AI models, it’s also a key infrastructure supplier to Anthropic. Anthropic relies heavily on Google Cloud for chips and infrastructure, including access to Google’s tensor processing units (or TPUs), which are specialized chips designed for AI workloads and considered among the best alternatives to Nvidia’s in-demand processors. Anthropic’s relationship with Google predates this week’s news. Earlier this month , Anthropic announced a partnership with Google and chipmaker Broadcom, which designs custom AI chips for Google, to access multiple gigawatts of TPU-based computing capacity beginning in 2027; a subsequent Broadcom securities filing put that figure at 3.5 gigawatts. The new Google investment expands that arrangement, with Google Cloud now providing a fresh 5 gigawatts of capacity over the next five years, with room to scale further. Techcrunch event Meet your next investor or portfolio startup at Disrupt Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $410. Meet your next investor or portfolio startup at Disrupt Your next round. Your next hire. Your next breakout opportunity. Find it at TechCrunch Disrupt 2026, where 10,000+ founders, investors, and tech leaders gather for three days of 250+ tactical sessions, powerful introductions, and market-defining innovation. Register now to save up to $410. San Francisco, CA | October 13-15, 2026 REGISTER NOW Anthropic’s valuation stood at $350 billion as recently as February; investors have since been eager to back the company at $800 billion or more, according to Bloomberg. The company is also reportedly considering an IPO as soon as October. Topics AI , Anthropic , anthropic investment , chips , compute , Enterprise , Google , google cloud When you purchase through links in our articles, we may earn a small commission . This doesn’t affect our editorial independence. Rebecca Bellan Senior Reporter Rebecca Bellan is a senior reporter at TechCrunch where she covers the business, policy, and emerging trends shaping artificial intelligence. Her work has also appeared in Forbes, Bloomberg, The Atlantic, The Daily Beast, and other publications. You can contact or verify outreach from Rebecca by emailing rebecca.bellan@techcrunch.com or via encrypted message at rebeccabellan.491 on Signal. View Bio April 30 San Francisco, CA StrictlyVC kicks off the year in SF. Register now for unfiltered fireside chats and VC insights with leaders from Uber, Replit, Eclipse, and more. Plus, high-value connections that actually move the needle. Tickets are limited. REGISTER NOW Most Popular OpenAI ends Microsoft legal peril over its $50B Amazon deal Julie Bort DeepMind’s David Silver just raised $1.1B to build an AI that learns without human data Anna Heim OpenAI could be making a phone with AI agents replacing apps Ivan Mehta The Stanford freshmen who want to rule the world … will probably read this book and try even harder Connie Loizos Two college kids raise a $5.1 million pre-seed to build an AI social network in iMessage Dominic-Madori Davis Meta’s loss is Thinking Machines’ gain Connie Loizos Google to invest up to $40B in Anthropic in cash and compute Rebecca Bellan Loading the next article Error loading the next article X LinkedIn Facebook Instagram youTube Mastodon Threads Bluesky TechCrunch Staff Contact Us Advertise Crunchboard Jobs Site Map Terms of Service Privacy Policy RSS Terms of Use Code of Conduct Anthropic Elon Musk Meta Earnings Satya Nadella Mythos Tech Layoffs ChatGPT © 2026 TechCrunch Media LLC.