Amazon, Google set for big windfall from Anthropic IPO
Amazon and Google’s stakes in Anthropic could be worth a combined $411 billion if the AI company prices its IPO at $78 per share, the top of its proposed range.
1. Potential stake value
Amazon and Google invested a combined $51.3 billion in Anthropic through loans, share purchases and other funding. At $78 per share, Amazon’s holdings could be worth $271.8 billion and Google’s $139 billion.
2. IPO private placement
Anthropic’s $26 billion private placement at the IPO includes $10 billion each from Google and Nvidia, $2.5 billion from AMD, $1 billion each from Broadcom, Microsoft and Micron, and $500 million from TSMC. The purchases represent a combined 2.55% stake at $78 per share.
3. Other disclosed ties
The filing says AMD’s investment counts toward its $5 billion stock-purchase pledge, with up to $2.5 billion more tied to chip deliveries. Broadcom can lend up to $42 billion to fund data-center leases, while Anthropic has committed to spend at least $47.2 billion on Microsoft computing through 2033.
