Anthropic commits $200 billion to Google Cloud over five years
According to a report by The Information, Anthropic has committed to spending roughly $200 billion on Google Cloud over the next five years, in exchange for five gigawatts of server capacity. The deal accounts for more than 40% of Google's total cloud backlog. Together with OpenAI, the two money-losing startups account for roughly half of the $2 trillion in committed cloud revenue at Amazon, Microsoft, Google, and Oracle. Whether the 20- to 30-fold revenue growth both companies are projecting by 2029 will justify these numbers remains an open question.
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