financetom
Business
financetom
/
Business
/
Market Chatter: Google Holds 14% Stake in Anthropic, Plans Additional $750 Million Investment
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Market Chatter: Google Holds 14% Stake in Anthropic, Plans Additional $750 Million Investment
Mar 12, 2025 4:33 AM

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.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Top copper producer Chile still without details on U.S. tariffs, officials say
Top copper producer Chile still without details on U.S. tariffs, officials say
Jul 23, 2025
SANTIAGO (Reuters) -Chile's mining minister and the chairman of the world's biggest copper producer, Codelco, said on Wednesday they have not yet received details on 50% copper tariffs due to be imposed by the United States on August 1. At this point, we're all waiting, Maximo Pacheco, chairman of state-run Codelco, told Reuters. He added that the upcoming tariffs had...
Texas Instruments Is Trading Lower Wednesday: What's Going On?
Texas Instruments Is Trading Lower Wednesday: What's Going On?
Jul 23, 2025
Texas Instruments Incorporated ( TXN ) shares are trading lower on Wednesday following the release of second quarter earnings and third quarter guidance on Tuesday after the market closed. What To Know: Texas Instruments ( TXN ) reported second quarter earnings per share of $1.41, beating the consensus estimate of $1.33. In addition, the company reported sales of $4.44 billion,...
GoPro Stock Surges As Meme Frenzy, Short Squeeze Potential Collide
GoPro Stock Surges As Meme Frenzy, Short Squeeze Potential Collide
Jul 23, 2025
Shares of GoPro Inc ( GPRO ) are continuing their remarkable ascent on Wednesday, caught in a wave of renewed meme stock enthusiasm among retail investors. The action camera maker’s stock saw a massive rally Tuesday and has maintained its momentum, pushing its market capitalization past $250 million. What To Know: The current rally appears to be a classic short...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved