Google in talks to increase investment in Anthropic, valuation may exceed $350 billion According to Business Insider, Google is in preliminary discussions with AI company Anthropic, planning to further increase its investment. Insiders revealed that the new round of funding could push Anthropic's valuation beyond $350 billion. The deal may include strategic investments (where Google provides more cloud computing services to Anthropic), convertible bonds, or a new round of priced financing set to launch early next year. The New York Times reported in March this year, citing legal documents, that Google has already invested over $3 billion in Anthropic, holding approximately 14% of its shares. The latest talks come as Anthropic and its main competitor OpenAI engage in a multi-trillion-dollar competition to dominate generative AI models. Meanwhile, tech giants are splitting into camps: Amazon and Google backing Anthropic, while Microsoft and Nvidia have poured billions into OpenAI.