Alphabet vs. Amazon: Which Anthropic Backer Will Benefit More From the $2 Trillion IPO?
The tech megacaps have multiple ways to cash in as the foundational AI model giant prepares to join the public market.
Overview
Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN) aren't just successful big tech companies -- they're also smart investors. One of the smartest investments that these two have made is in Anthropic. While the final figures have yet to be made public, it's widely assumed that when it goes public in the next few months, it will do so at a valuation of about $2 trillion. When it does, Alphabet and Amazon will both reap handsome rewards -- but which one is likely to benefit more?
Image source: Getty Images.
Until Anthropic's S-1 is made public, outsiders can't know definitively just how much of Anthropic Amazon and Alphabet actually own. Several factors go into those calculations, including investment sizes, the timing of the investments, and the valuations at which those purchases were made.
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Source
Originally published at www.fool.com.