Anthropic Commits to Spending $200 Billion on Google's Cloud and Chips, the Information Reports
The deal adds to a $2 trillion backlog at major cloud providers as AI startups lock in more chips and server capacity, The Information reported.
- On Tuesday, The Information reported that Anthropic committed to spend $200 billion on Google Cloud over five years as part of a recent infrastructure agreement.
- The commitment accounts for more than 40% of the revenue backlog Google disclosed to investors last week, underscoring massive AI-related cloud demand.
- Alphabet is simultaneously investing up to $40 billion in Anthropic, deepening their partnership as the startup scrambles to secure computing capacity for its Claude AI models.
- Following the report, Alphabet shares rose about 2% in extended trading on Tuesday, reflecting investor confidence in the deepening infrastructure partnership.
- Contracts involving Anthropic and OpenAI now account for more than half of the $2 trillion in backlogs held by Amazon Web Services, Microsoft Azure, and Google Cloud Platform.
20 Articles
20 Articles
Anthropic increases spending on computing, chips
Anthropic reportedly agreed to pay Google $200 billion over five years for cloud computing and chips. It represents a change in strategy for Anthropic, which has been relatively parsimonious by hyperscaler standards, perhaps because it is feeling a compute pinch. It has also agreed to pay Amazon Web Services $100 billion over a decade, and Broadcom a further $63 billion by 2027. Other AI giants are similarly spending aggressively: Alphabet, Amaz…
Anthropic commits to spending $200 billion on Google's cloud and chips – report
Anthropic has committed to spend $200 billion with Google Cloud over five years as part of a recent agreement, The Information reported on Tuesday, May 5, citing a person with knowledge of the matter. The commitment suggests the AI startup accounts for more than 40% of the revenue backlog Google disclosed to investors last week, according to the report. The backlog reflects contractual commitments from cloud customers. Google parent Alphabet sha…
Coverage Details
Bias Distribution
- 67% of the sources lean Left
Factuality
To view factuality data please Upgrade to Premium
