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Google Pours $40B into Anthropic, DeepSeek V4 Undercuts the Frontier
Google committed up to $40 billion to Anthropic on Thursday, $10 billion deployed immediately and $30 billion more tied to performance and commercial milestones. The round values Anthropic at $350 billion as of its February 2026 mark, with secondary interest reportedly chasing an $800 billion-plus valuation ahead of a possible October IPO.
Alongside the cash, Google Cloud will deliver 5 gigawatts of TPU capacity to Anthropic over the next five years, layered on top of an early-April Broadcom deal that brings 3.5 gigawatts of TPU capacity online starting in 2027. The Google announcement landed...
