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Stockreport

Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets [CNBC]

Broadcom Inc. (AVGO)  More Company Research Source: CNBC
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Anthropic said the agreement expands on a longstanding partnership between the two companies. Google is putting in $10 billion now, with the remaining investments of up $30 billion contingent on certain performance milestones. In this article Google plans to invest up to $40 billion in Anthropic , the companies confirmed on Friday, as tech giants ramp up their strategic investments in the leaders in artificial intelligence. The pact involves an initial $10 billion from Google at Anthropic's latest valuation of $380 billion . The remaining $30 billion is contingent on certain performance milestones. Bloomberg was first to report the deal. Anthropic said the agreement expands on a longstanding partnership between the two companies. Earlier this month, Anthropic secured 5 gigawatts worth of computing capacity as part of an announcement with Google and Broadcom that will start to come online next year. Anthropic could decide to add additional gigawatts of compute in the futur [Read more]
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Stockreport

Google to invest up to $40 billion in Anthropic as search giant spreads its AI bets [CNBC]

Broadcom Inc.  (AVGO) 
More Company Research Source: CNBC
Last broadcom inc. earnings: 3/12 04:15 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.broadcom.com
Anthropic said the agreement expands on a longstanding partnership between the two companies. Google is putting in $10 billion now, with the remaining investments of up $30 billion contingent on certain performance milestones. In this article Google plans to invest up to $40 billion in Anthropic , the companies confirmed on Friday, as tech giants ramp up their strategic investments in the leaders in artificial intelligence. The pact involves an initial $10 billion from Google at Anthropic's latest valuation of $380 billion . The remaining $30 billion is contingent on certain performance milestones. Bloomberg was first to report the deal. Anthropic said the agreement expands on a longstanding partnership between the two companies. Earlier this month, Anthropic secured 5 gigawatts worth of computing capacity as part of an announcement with Google and Broadcom that will start to come online next year. Anthropic could decide to add additional gigawatts of compute in the futur [Read more]
IMPACT SNAPSHOT
EVENT TIME:
AVGO
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS