AI
Google to Invest Up to $40B in Anthropic: $10B Cash Now at $350B Valuation, 5 GW of TPU Over Five Years
Google committed up to $40 billion to Anthropic on April 24, with $10 billion in cash wired immediately at a $350 billion valuation and $30 billion more contingent on performance targets. The deal also locks in 5 gigawatts of TPU compute over five years.