Amazon and Google Are Sitting on a $411 Billion Anthropic Windfall247wallst.com's article examines Amazon and Alphabet's combined $411 billion in Anthropic stakes at the $78 IPO price, a Reuters calculation, with Amazon's $271.8 billion stake against $18.0 billion invested far cheaper than Alphabet's $139 billion against $33.3 billion, part of it Google's own IPO placement spending. Neither company has commented on the windfall figure, which measures stake value rather than profit; the article notes both firms fund Anthropic and sell it computing power, weigh each stock's cloud-driven case as Anthropic readies a November 18 pricing and Nasdaq debut, and caution that paper values could swing with the market or a weaker deal.