Alphabet's Google is reportedly in discussions with artificial intelligence company Anthropic for a cloud computing deal potentially valued in the tens of billions of dollars. This arrangement would provide Anthropic with the necessary computing power to handle its large-scale AI models, leveraging Google's cloud infrastructure. Google is already an investor in Anthropic, having previously committed approximately $3 billion. Details of the plan have not been finalized and could still change, according to sources familiar with the matter. Following the news from Bloomberg, Alphabet Inc.'s stock saw a 3.1% increase in after-hours trading, indicating a positive market reaction to the potential expansion of its cloud and AI partnerships. Both Google and Anthropic have declined to comment on the ongoing discussions.
Google in talks for multi-billion dollar cloud deal with AI firm Anthropic
GOOGL
Related News
GOOGL
Alphabet’s Gemini 3.1 Pro Claims Top AI Benchmark Spot at Half the Cost of Rivals
GOOGL
YouTube Tests Conversational AI Assistant on Smart TVs
GOOGL
Google Chrome Adds Split-Screen and PDF Annotation Features to Compete in Browser Market
GOOGL
Hochul Scraps New York Robotaxi Plan Amid Lack of Support, Dealing Blow to Waymo
GOOGL