Alphabet's Google has deepened its stake in Anthropic with a funding commitment of up to $40 billion, building on its existing 14% ownership. The AI firm's revenue run rate now exceeds $30 billion—a threefold increase from its 2025 baseline—as it scales compute capacity using both Amazon GPUs and Google's proprietary TPUs.

Secondary market activity suggests staggering valuation growth for the private company, with implied valuations reaching $800 billion to $1.15 trillion prior to Google's investment. The tech giant's capital injection at a $350–$380 billion valuation bracket failed to dampen secondary market premiums.

Anthropic continues advancing its Claude AI models, with the April 2026 release of Opus 4.7 coinciding with multi-cloud infrastructure deals including a long-term partnership with CoreWeave. The company plans to deploy nearly 1 gigawatt of accelerator capacity.