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Vol. I · No. 163
Friday, 12 June 2026
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Tech

Google Bets $40 Billion on Anthropic in AI Infrastructure Arms Race

Google's commitment to invest up to $40 billion in Anthropic — at a $350 billion valuation anchored by 5+ gigawatts of pledged compute — signals that the AI race is less about algorithms and more about who controls the power grid.
Google's commitment to invest up to $40 billion in Anthropic — at a $350 billion valuation anchored by 5+ gigawatts of pledged compute — signals that the AI race is less about algorithms and more about who controls the power grid.
Google's commitment to invest up to $40 billion in Anthropic — at a $350 billion valuation anchored by 5+ gigawatts of pledged compute — signals that the AI race is less about algorithms and more about who controls the power grid. / DECRYPT · via Monexus Wire

Google confirmed on 24 April 2026 that it plans to invest up to $40 billion in Anthropic — starting with a $10 billion tranche at a $350 billion valuation — as part of what the company described as a major expansion of their existing AI partnership. The deal, first reported by Cointelegraph citing sources familiar with the matter, includes a commitment to provide more than 5 gigawatts of computing capacity to Anthropic over five years, according to a Polymarket post also published on 24 April.

Wire provenance

This editorial synthesis draws on the following public wire/social posts:

  • https://t.me/Cointelegraph/25190
  • https://t.me/Cointelegraph/25189
  • https://x.com/polymarket/status/1913475079010910465
  • https://t.me/Cointelegraph/25178
© 2026 Monexus Media · reported from the wire