Oct 21 (Reuters) - AI startup Anthropic is in talks with
Google to secure additional computing power valued in the high
tens of billions of dollars, Bloomberg News reported on Tuesday,
citing people familiar with the matter.
The deal, which has not been finalized yet, includes
Alphabet's Google providing cloud computing services
to Anthropic, according to the report.
Alphabet's stock gained 2.3% in trading after the bell.
Google declined to comment, while Anthropic did not
immediately respond to a request for comment.
Anthropic, which counts Google and Amazon.com ( AMZN ) as
its major investors, is the creator of the Claude chatbot and
competes with OpenAI's ChatGPT for AI dominance.
Anthropic is projecting to more than double and potentially
nearly triple its annualized revenue run rate next year, fueled
by the rapid adoption of its enterprise products, Reuters had
exclusively reported last week.
The company is on track to meet an internal goal of $9
billion in annual revenue run rate - a calculation of annual
revenue extrapolated from the current sales pace - by the end of
2025.
(Reporting by Juby Babu in Mexico City; Editing by Anil
D'Silva)