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Update: Market Chatter: Google Holds 14% Stake in Anthropic, Plans Additional $750 Million Investment
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Update: Market Chatter: Google Holds 14% Stake in Anthropic, Plans Additional $750 Million Investment
Mar 13, 2025 3:49 AM

06:44 AM EDT, 03/13/2025 (MT Newswires) -- (Updates to add response from Anthropic in the fifth paragraph.)

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 ) did not immediately respond to a request for comment from MT Newswires, while Anthropic declined to comment.

(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.)

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