tech

Report: Google is backstopping Anthropic’s $35 billion data center deal

Google and Anthropic have always had close ties. The search giant invested early in the maker of Claude, which boosted Google’s investment returns last quarter.

But the two companies appear to be closer than we knew. According to a new report from Bloomberg, it turns out that Google is backstopping $35 billion worth of data center leases for Anthropic.

Last fall, Anthropic announced that was getting into the data center business, pledging $50 billion in a partnership with Fluidstack.

The revelation adds to concerns of so-called “circular deals,” which could lead to a domino-like collapse if one company fails.

Google’s Backstops Underpin $35 Billion Chip Deal for Anthropic

Google’s Backstops Underpin $35 Billion Chip Deal for Anthropic

Last fall, Anthropic announced that was getting into the data center business, pledging $50 billion in a partnership with Fluidstack.

The revelation adds to concerns of so-called “circular deals,” which could lead to a domino-like collapse if one company fails.

More Tech

Anthropic releases Claude Fable 5, a locked-down, safer version of Mythos

Claude Fable 5 will cost twice as much as Claude Opus 4.8, Anthropic’s current flagship model. The company also released Claude Mythos 5, but only for trusted partners for testing.

AI company Anthropic

tech

Amazon shatters record in Canada’s “maple bond” market

Amazon has set a record in the Canadian corporate bond market by issuing CA$14 billion ($10.04 billion) of Canadian dollar-denominated notes, according to a new Securities and Exchange Commission filing. The five-part deal officially eclipses the previous record of CA$8.5 billion established just last month by Alphabet.

This massive push comes as hyperscalers aggressively diversify funding to bankroll historic AI capital expenditure, a strategy mirrored by Alphabet’s parallel expansion into European debt markets to fuel its soaring infrastructure demands.

Man using smartphone, his head is replaced with a huge brain

Apple wants to finally give smartphones a brain

Releasing the iOS 27 developer beta is a start, but Siri can’t rescue us from app overload until it can run the third-party apps we actually use.

tech

OpenAI files confidentially for IPO

Today OpenAI announced it has filed confidentially with the SEC to go public. The company said in a blog post that it filed the draft S-1 form.

OpenAI’s filing comes a week after archrival Anthropic — now valued at $965 billion — also filed a confidential S-1 for its own public offering. Both IPOs are expected to be among the largest in US history.

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

Confidential submission of draft S-1 to the SEC

Confidential submission of draft S-1 to the SEC

In a press release, OpenAI wrote:

“We expect it to leak so we’re just announcing it. We have not decided on timing yet; it may be a while because there are things we want to do that are likely easier as a private company. But it’s a complicated set of tradeoffs and this gives us the option to go public sooner if that ends up being best.”

Rani Molla, Jon Keegan

Siri AI is going to be great for Apple — if it works. Sound familiar?

At Apple’s developer conference, the company announced a better, faster, stronger Siri... again.

Tim Cook Apple WWDC 2026

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