Alphabet's subsidiary, Google, is set to invest up to $40 billion in Anthropic, deepening its partnership with the AI startup, as reported by Reuters.
Despite this investment, the two remain direct competitors in the artificial intelligence sector, the agency noted.
Anthropic will receive $10 billion from Google at a valuation of $350 billion to significantly expand its computing capabilities. The additional $30 billion will be contingent on the Claude models meeting performance targets.
In April, Amazon announced plans to invest up to $25 billion in the startup. In February, the AI company raised $30 billion in its latest funding round and received multiple offers from venture firms, bringing Anthropic's valuation to $800 billion.
The popularity of the programming-focused tool, Claude Code, has improved the startup's financial outlook. In April, Anthropic's revenue exceeded $30 billion year-over-year, compared to approximately $9 billion at the end of 2025.
AI as a Challenge for Crypto Startups
The rapid rise of AI startups has led to soaring expectations from venture investors for new projects. This has made it significantly harder for crypto entrepreneurs to attract capital, said Paul Brody, CEO of Nightfall Networks, in an interview with DL News.
"What was once considered high early-stage metrics—around $2 million in revenue in the first year—is now insufficient. Investors now expect around $4 million," he explained.
Nonetheless, Brody sees a glimmer of hope in the "overcrowding" of the AI market. Some venture firms are beginning to question whether they have overcommitted to this sector, prompting them to consider diversifying their portfolios, the expert noted.
In Search of Computing Power
The high demand for Claude family models has prompted Anthropic to secure several major deals for additional computing power.
The company has signed long-term contracts with chipmaker Broadcom and cloud infrastructure provider CoreWeave. By the end of this year, Anthropic aims to provide access to 1 GW through Amazon chips.
In November 2025, the startup announced a $50 billion plan to build specialized data centers in the U.S.
As a reminder, in April, Anthropic's shares became the most sought-after on the secondary market, while shares of competing OpenAI lost their appeal to buyers.