Home / Technology / Half of Google’s and Amazon’s blowout ‘AI profits’ came from Anthropic-not their core business

Half of Google’s and Amazon’s blowout ‘AI profits’ came from Anthropic-not their core business

Anthropic is the secret sauce this earnings season, as unrealized gains on the private company are so powerful they’re adding billions of shareholder worth to their partners.

Combined, they spent $130.65 billion on capital expenditures in the first three months of 2026—more than three times the inflation-adjusted cost of the Manhattan Project, in a single quarter. They plan to spend nearly $700 billion this year alone, as… [3615 chars]

Source: Fortune | Published: 2026-04-30T17:04:49Z

Credit: Fortune

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