Anthropic's $150 Billion Goal: How Amazon and Alphabet Could Benefit From the AI Surge
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Anthropic Is Growing Fast
Anthropic is the company behind Claude, a large language model that competes with OpenAI's ChatGPT. It is backed by Amazon (AMZN) and Alphabet Inc. (GOOG), which have each committed billions in cloud credits and cash. Amazon has already invested up to $8 billion and is reportedly considering further investments to remain among Anthropic's largest shareholders.
This funding round comes as competition in artificial intelligence intensifies. OpenAI is preparing to launch GPT-5 and is working with SoftBank (SFTBY) on a separate raise that could bring in tens of billions of dollars. Meanwhile, Anthropic has quietly increased its annualized recurring revenue from $1 billion at the start of the year to over $4 billion, driven mainly by enterprise subscriptions.
Investors are closely watching the private AI space, but the real implications may lie with public companies that stand to benefit. Amazon and Alphabet have positioned themselves as infrastructure providers for leading model developers, such as Anthropic. A stronger Claude model, used widely in enterprise software and coding tools, could support growth in Amazon Web Services and Google Cloud revenue.
The Middle East Is Calling
The funding talks have also drawn interest from Middle Eastern sovereign wealth funds. Anthropic's leadership has expressed concerns internally about taking direct investment from the region, citing political risks. Even so, the company sold $500 million worth of shares to a fund linked to Abu Dhabi in 2023. A broader shift toward sovereign capital could influence how other private AI start-ups raise money.
Anthropic remains private for now, but its valuation jump and enterprise growth highlight how quickly the AI market is scaling. Investors seeking exposure are most likely to find it through public companies that enable and support that growth.
Using TipRanks' Comparison Tool, we've brought Amazon and Google side by side and compared them to gain a broader look at Anthropic's two most notable backers.
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