According to Bloomberg report, Google will invest at least $10 billion in Anthropic, and this amount could increase to $40 billion if Anthropic meets certain performance targets.
This investment follows Amazon’s initial investment of $5 billion in Anthropic a few days ago; The Amazon deal also leaves the door open for further investments based on performance. The two investments value Anthropic at $350 billion.
Anthropic has seen rapid growth in the use of its cloud model and related products like Cloud Code, which promise to significantly increase the speed and efficiency with which companies or individuals can develop software. (The reality varies from major improvements to failures, depending on the nature of the project and company, how the cloud code is used, and many other factors.)
Several factors have contributed to Anthropic’s success in recent months, including controversy over OpenAI and its ChatGPT product and models, more robust agentic workflows, and new products like Cloud Cowork, which does for common sense work tasks what cloud code does for software development.
<a href