Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets

Google is investing up to $40 billion in Anthropic, an AI company that competes with OpenAI, with an initial $10 billion upfront and the remaining $30 billion dependent on performance milestones. This investment is part of a broader partnership that includes providing Anthropic with computing resources and cloud infrastructure access. The funding addresses Anthropic's need to expand its infrastructure to handle growing demand for its Claude AI assistant.