Google will invest at least $10 billion in Anthropic, which could rise to $40 billion if Anthropic meets certain performance goals, Bloomberg reported. reports.
The investment follows Amazon’s initial $5 billion Investment in Anthropic a few days ago; The Amazon deal also leaves the door open for additional performance-based investments. Both investments value Anthropic at $350 billion.
Anthropic has seen rapid growth in the use of Claude models and related products, such as Claude Code, which promise to greatly increase the speed and efficiency with which companies or individuals can develop software. (The reality varies from great improvements to failures, depending on the nature of the project and company, how the Claude Code is used, and many other factors.)
Several factors have contributed to Anthropic’s success in recent months, including controversy surrounding OpenAI and its ChatGPT product and models, more robust agent workflows, and new products like Claude Cowork, which does the same for general knowledge work tasks as Claude Code does for software development.
