Monday, November 2, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Anthropic gives Google an option to buy up to $10 billion in Class N stock

Anthropic gives Google an option to buy up to $10 billion in Class N stock

Photo: Crypto Briefing

The Claude maker's S-1 filing shows Alphabet can swap part of an undrawn $20 billion debt facility for non-voting equity at the IPO price Anthropic has granted Alphabet the option to buy up to $10 billion of its Class N common stock. The disclosure appears in the AI startup’s Form S-1, filed with the SEC on October 26, 2026. That filing is the paperwork companies submit before going public. Anthropic’s offering is potentially slated for November. Under the arrangement, Alphabet can purchase the shares at the IPO offering price through a private placement.

Source: Crypto Briefing

Latest in Crypto Today

All Crypto Today stories