Since its arrival in 2023, Claude has continued to grow in importance as an AI chatbot like ChatGPT, while also becoming an increasingly capable AI agent for software development and business productivity. Its growing notoriety was reinforced in September 2026 when Anthropic, the San Francisco-based company behind Claude, saw one of its researchers, Jacob Coxon, resign with an alarming warning that some in the AI industry believe the technology could wipe out humanity by the end of the decade if proper safeguards are not put in place. Instead of dismissing Coxon’s comments, Evan Hubinger, head of alignment science at Anthropic, went further, estimating that the chances of AI causing human extinction by 2036 are greater than 10%. With the growing attention on Anthropic, you may be wondering who actually owns the company. Among the largest investors are Amazon and Alphabet, but as you’ll see, Anthropic’s ownership extends well beyond these two tech giants.
Founded in 2021, Anthropic is owned by a broad group of shareholders rather than a single company. In addition to Amazon and Alphabet, its backers also include a range of venture capital and institutional investors, including GIC, Coatue, Sequoia Capital, Founders Fund, BlackRock, Blackstone and Fidelity. Anthropic’s founders and employees also own shares. But knowing who the shareholders are does not necessarily mean knowing who is in charge of the company. In fact, its major outside investors do not appear to have sole control of the company’s board, while a long-term benefit fund has the power to appoint the majority of directors. The AI company is privately held, and while some individual investors and shareholders have been reported, the precise overall distribution of its ownership is not publicly known.
Anthropic’s ‘experimental’ corporate structure
Amazon has invested $13 billion in Anthropic to date, and another $20 billion could be to come. But despite investing huge amounts of money in the AI company, Amazon doesn’t necessarily have the power to take the lead. As we’ve already pointed out, ownership and control are not the same thing, and Anthropic has an unusual governance structure designed to prevent the company’s long-term mission from being dictated solely by its investors.
At the heart of this structure is the aforementioned Long-Term Benefit Trust, an independent body created to help protect Anthropic’s long-term interests. Investors are represented on the board, but the Trust’s role means they do not have sole control over its composition, a factor that makes it a somewhat unusual arrangement given the large sums of money invested. Indeed, Anthropic itself describes the design of its corporate structure as experimental.
The setup essentially reflects Anthropic’s status as a public benefit corporation, a corporate structure that allows the company to pursue its public benefit mission alongside the interests of its shareholders. The Trust, according to Anthropic, is designed to protect its mission from short-term business and shareholder pressures. This means that even if various investors invest billions in the AI company, they don’t necessarily have the final say on the direction Anthropic takes.
The big bet of AI
Despite little profit so far, big companies continue to bet huge sums on AI companies like Anthropic, OpenAI and Elon Musk’s xAI, expecting massive returns. The AI race has given companies a strong incentive to secure an early position among leading developers, which is why some backers are hedging their bets by investing in more than one. Success could mean strong demand for AI-based products that transform the workplace, as well as access to advanced AI models, vast cloud computing capacity and an influential position in shaping the next generation of IT and technology services.
The companies funding Anthropic and OpenAI are committing tens of billions of dollars to AI infrastructure, such as chips and data centers, needed to develop and operate increasingly advanced AI systems. This makes what’s happening noticeably different from the traditional venture capital model of backing a promising startup and waiting for it to grow.
But the risk is enormous that these investments will not bear fruit. Anthropic and its competitors are under monumental pressure to generate huge profits to justify their huge bets, and investors and infrastructure providers could be exposed if demand or revenue falls short. And, curiously, despite all the billions invested, no one really knows if the greatest danger will come from AI failure, with potentially disastrous economic consequences, or if humanity inadvertently creates something that could lead to its own demise. We can only hope that neither happens.
