Google’s stake in AI startup Anthropic revealed as 14 percent

Google owns 14 percent of AI startup Anthropic, according to legal filings obtained by The New York Times. As reported by Cade Metz, Nico Grant, and David McCabe, Google’s investment comes with significant limitations: the tech giant cannot own more than 15 percent of the company and holds no voting rights or board seats. The documents reveal Google has invested over $3 billion in Anthropic and plans to invest an additional $750 million in September through convertible debt. These financial details emerged during a Google antitrust case, providing rare insight into big tech investments in AI startups. Anthropic, founded in 2021 by former OpenAI employees Dario and Daniela Amodei, has worked to avoid being dominated by any single tech company and has raised more than $14.8 billion from various investors, including a $4 billion investment from Amazon.

Related posts:

Stay up-to-date: