GOOGLE WILL INVEST AS MUCH AS $40 BILLION IN ANTHROPIC

Summary from the TLDR newsletter

Google plans to invest between $10 billion and $40 billion in Anthropic, depending on whether Anthropic meets certain performance targets. Amazon recently invested $5 billion in Anthropic, with an option to further invest based on performance. Both investments value Anthropic at $350 billion. The investments are aimed at helping close the gap between demand and supply of compute for AI training and inference.