Anthropic Locks Up to 5 GW in Google Cloud Capacity Worth $175B–$250B
Anthropic committed to up to 5 GW of Google Cloud capacity—including 3.5 GW via Broadcom from 2027—implying a $175B–$250B investment at $35B–$50B per GW. Its annualized revenue rose to $30B by March from $9B in 2025, and enterprise customers over $1M topped 1,000.
1. Capacity Commitments and Scale
Anthropic has agreed to secure up to 5 GW of computing capacity on Google Cloud, with approximately 3.5 GW delivered via Broadcom starting in 2027. At an estimated $35B–$50B per GW, the multi-year deal represents between $175B and $250B in infrastructure spending, and Broadcom will supply Google’s tensor processing units through 2031.
2. Rapid Revenue and Customer Growth
The AI company’s annualized revenue jumped to $30B by the end of March, up from $9B at the end of 2025. During the same period, enterprise customers each spending over $1M per year more than doubled to over 1,000 since February, highlighting surging demand for large-scale AI workloads.
3. Implications for Google Cloud Competitiveness
This massive capacity commitment secures a substantial long-term revenue stream and strengthens Google Cloud’s position in the AI infrastructure market. The scale and duration of the deal could pressure rival cloud providers, improve GPU and TPU economies of scale, and support further AI service expansion.