Alphabet (Google)
Alphabet is the holding company of Google, headquartered in Mountain View, California. In the AI supply chain it sits in the cloud tier as a parent of Google's businesses.
GOOGLMountain View, California, United StatesClouds & neocloudsMarket value passed $3 trillion, 2025 $3T (as of Sep 15, 2025)Research and development spending, 2022 $39.5B (as of 2022)
Exposure ≈$3B: $3B funded, $0 committed, $0 contingent (a maximum, not an expected loss).
Supplies
Supplies Anthropic
Google cloud partnership announced in October 2025 gives Anthropic access to up to one million TPUs.
Supplies OpenAI
From June 2025 OpenAI rented Google Cloud TPUs for ChatGPT and related services, its first meaningful use of non-Nvidia AI chips.
Supplies Safe Superintelligence
Google Cloud announced in April 2025 that it would provide Tensor Processing Units for SSI's research.
Money
Invests in Anthropic · $3B
Google invested in Anthropic in October 2023 and agreed to invest a further $1 billion in March 2025.