Amazon and Google Stakes in Anthropic Value $411B

Amazon and Google stand to gain significantly from Anthropic initial public offering. Their combined stakes could reach $411 billion if shares price at the top range.

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FILE PHOTO: Anthropic logo and a keyboard in this illustration taken October 19, 2026. REUTERS/Dado Ruvic/Illustration/File Photo

AMAZON.COM INC and ALPHABET INC-CL A stakes in Anthropic could reach a combined $411B if the artificial intelligence company prices its initial public offering at the top of its proposed range. Reuters calculations based on a regulatory filing showed the potential windfall from early cloud investments. The figures highlight how early bets and computing-power sales have expanded in value through late evening funding rounds.