Alphabet Accelerates AI Bet With Up to $40 Billion Anthropic Deal

Overview

• Alphabet said April 24 it would invest up to $40 billion in Anthropic to expand their AI partnership.
• At Google Cloud Next on April 22, ServiceNow and Google Cloud introduced AI agents that detect and fix problems across 5G networks, retail operations, and IT systems.
• The Pentagon’s research and engineering office added Google’s Gemini for Government 3.1 Pro and 3.0 Flash models to the GenAI.mil platform on April 27 to improve output quality and cut hallucinations for mission users.
• Hours after that April 27 move, more than 560 Google employees signed a letter urging CEO Sundar Pichai to block the use of company AI in classified U.S. military work, according to the Financial Times.
• Alphabet shares rose about 116% over the past year, and the company spent $55.75 billion on buybacks in the 12 months through September 2025, underscoring strong investor support.