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Google, Amazon and Broadcom Provide $77 Billion in Financing to Anthropic

Oct 26, 22:15

October 26: Anthropic has secured a total of $77 billion in additional financing from Google, Amazon and Broadcom. Each agreement comes with its own specific conditions: Amazon's financing agreement is tied to Anthropic reaching specific milestones in computing capacity; Google's $20 billion commitment depends in part on whether Anthropic can achieve specific revenue targets. Hyperscalers such as Google and Amazon have already provided billions of dollars in funding to Anthropic to help the AI startup meet its computing demands, even as the two sides are also competitors. Google and Amazon have cumulatively invested tens of billions of dollars in Anthropic, becoming its largest shareholders.