Anthropic Commits to $200B Google Cloud and Chip Spend Starting 2027

The Largest Cloud Commitment in AI History

Anthropic has agreed to spend $200 billion on Google Cloud services and Broadcom-built Tensor Processing Units (TPUs) over five years, beginning in 2027. The Information reported the deal on May 5, noting it represents more than 40% of Google's recently disclosed cloud revenue backlog.

Alphabet Doubles Down: Up to $40B More

Separately, Google's parent Alphabet plans to invest up to $40 billion in Anthropic, deepening an already substantial partnership. Alphabet shares climbed about 2% in after-hours trading following the report. Analysts estimate that contracts with Anthropic and OpenAI together account for roughly $2 trillion across Amazon, Google, Microsoft, and Oracle's combined cloud backlogs.

Why Google TPUs

In April, Anthropic signed a separate agreement with Google and Broadcom to secure multiple gigawatts of TPU capacity starting in 2027 — locking in long-term compute for training future Claude models. The move is notable given Anthropic's existing $8 billion investment relationship with Amazon Web Services; it signals a deliberate choice to concentrate core training infrastructure at Google.

Explosive Revenue Growth as Context

Anthropic's annualized revenue run rate reached $30 billion at end of Q1 2026, up from $9 billion at end-2025. Enterprise customers now represent 80% of that revenue, with more than 1,000 businesses spending over $1 million per year on Claude. The cloud commitment locks in the infrastructure needed to sustain that trajectory through the rest of the decade.

Source: Engadget · US News / The Information