Tech’s AI And Venture Capital Windfall
The sheer
scale of Alphabet’s venture success stems from two critical early investments. Roughly a decade ago, Alphabet made a $900 million investment in
SpaceX, securing an estimated 7% stake that could now be worth more than $100 billion.
Additionally, Alphabet poured approximately $3 billion into
Anthropic, the parent company of the popular AI chatbot Claude. With Anthropic’s latest financing rounds pushing its valuation to around $50 billion, Alphabet’s roughly 14% stake adds another massive layer of underlying value.
“Put those two together… that’s $150 billion,” Davis noted. “That’s about as much as Alphabet is planning to spend on AI-related CapEx this year.”