Google is playing a high-stakes game in the artificial intelligence arms race, not just by developing its own technology but also by discreetly investing billions into promising start-ups like Anthropic. Recently revealed court documents show that Google owns a 14% stake in the company but has no control over its operations—no board seats, no voting rights, and no direct oversight. However, that's not stopping the tech giant from continuing to pour money in, with another $750 million investment planned for September 2025. The stakes are high, as regulators keep a close eye on how major players like Google, Amazon, and Microsoft are influencing the AI market through their investments. As Chris V. Nicholson, a venture capital investor, puts it, "A big company like Google knows that there is a race to A.I., and it has a big enough cash pile that it can bet on multiple horses." With Anthropic’s valuation currently at $61.5 billion and heavy reliance on Google’s computing power, this investment strategy could shape the future of AI in ways that remain to be fully understood.

Key Points:

• Google’s Stake in Anthropic: Owns 14% but has no control—no voting rights, board seats, or observer roles.
• Investment Total So Far: Over $3 billion invested, with another $750 million incoming through a convertible loan.
• Regulatory Scrutiny: Google’s AI investments are under watch for potential monopolistic behavior.
• Other Investors: Amazon has also heavily invested in Anthropic, pouring in a total of $8 billion.
• Anthropic's Market Value: Estimated at $61.5 billion, reinforcing its position as a key AI player.
• Computing Dependence: Anthropic buys computing power from both Google and Amazon, meaning investor money circulates back into their own services.
• Company Mission: Founded by former OpenAI employees Dario and Daniela Amodei, Anthropic is structured as a public benefit corporation focused on AI safety.
• Google's Future AI Strategy: Could be significantly influenced by regulatory decisions related to its investments in start-ups like Anthropic.

The battle for AI dominance isn't just about who has the best technology—it’s also about who can wield the most strategic investments. With Google deeply entangled in Anthropic’s future, this partnership is sure to make waves in the evolving AI landscape.
Link to Article