07:00 AM EDT, 03/12/2025 (MT Newswires) -- Alphabet's (GOOG) Google ( GOOG ) reportedly owns a 14% stake in Amazon ( AMZN )-backed (AMZN) artificial intelligence startup Anthropic, The New York Times reported late Tuesday, citing court documents.
According to filings submitted in Google's ( GOOG ) antitrust case over online search, the tech giant's stake in Anthropic is capped at 15% and does not include voting rights, board seats, or board observer rights.
The documents also reveal that Google ( GOOG ) plans to invest an additional $750 million in Anthropic through convertible debt in September and in total has already invested over $3 billion in Anthropic.
Tom Brown, an Anthropic co-founder, argued in favor of Google ( GOOG ) retaining its stake, warning that Anthropic would "suffer grievous harm" if Google ( GOOG ) were forced to cut ties, according to the court documents.
Google ( GOOG ) and Anthropic did not immediately respond to requests for comment from MT Newswires.
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