Alphabet and Amazon report multibillion-dollar gains from Anthropic investment

Alphabet posted nearly $10.7 billion in gains and Amazon about $9.5 billion from their Anthropic stake as the startup’s valuation climbed sharply.

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Alphabet and Amazon report multibillion-dollar gains from Anthropic investment

Alphabet and Amazon report multibillion-dollar gains from Anthropic investment
Alphabet and Amazon reported major paper gains from their investment in AI startup Anthropic. Alphabet disclosed nearly $10.7 billion in net gains, while Amazon recorded about $9.5 billion in pre-tax gains. The jump reflects Anthropic’s rising valuation and demonstrates continued capital appreciation across leading AI development companies during the year.
Companies:
  • Alphabet
  • Amazon
  • Anthropic
Tags:
  • anthropic
  • alphabet