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Anthropic, Google Discuss Cloud Deal Valued in High Tens of Billions

Early talks highlight Anthropic’s drive for more compute following a $13 billion raise that put its valuation near $183 billion.

Overview

  • Reporting indicates the prospective agreement would have Google provide additional cloud capacity to support Anthropic’s AI models.
  • The discussions are characterized as early and subject to change, and both companies declined to comment.
  • Any pact would deepen Google’s existing ties to Anthropic after roughly $3 billion of prior investments, while Amazon has also invested and supplied computing power.
  • Anthropic’s recent financing round reflects the escalating costs of training and deploying large language models at scale.
  • Alphabet shares rose after the talks surfaced, and Anthropic has been reported to target a $9 billion annual revenue run rate by the end of 2025.