Alphabet is making one of the largest AI bets in corporate history, committing up to $40 billion to artificial intelligence startup Anthropic as competition intensifies in the global AI race.

Reuters reported that Google will immediately invest $10 billion in cash at a valuation of $350 billion, with an additional $30 billion tied to performance milestones. The move follows Amazon’s recent commitment of up to $25 billion into the same company.

Anthropic’s annual run-rate revenue has reportedly surpassed $30 billion, up sharply from around $9 billion at the end of 2025, driven largely by demand for coding-focused AI tools and enterprise adoption.

For the Middle East, this reinforces the region’s strategy of becoming a major AI infrastructure hub, as Gulf sovereign funds and governments continue backing cloud and data center expansion.

From a business standpoint, the deal highlights how AI is now the central battleground for global capital allocation, rivaling energy and infrastructure investment.

Looking ahead, analysts expect more mega-rounds and strategic alliances as Big Tech races to dominate enterprise AI.

Source : Reuters.