Anthropic, Google, and Broadcom Are Going All-In on Next-Gen Compute

Anthropic just dropped some serious news: they’ve signed a new deal with Google and Broadcom for multiple gigawatts of next-generation TPU capacity, expected to come online starting in 2027. This is a huge leap from what they’ve had before, and it’s clearly aimed at keeping up with the insane demand for Claude.

Krishna Rao, Anthropic’s CFO, called it a “groundbreaking partnership” and a continuation of their disciplined approach to scaling infrastructure. I’d say that’s putting it mildly. The numbers here are staggering.

Claude’s run-rate revenue has hit $30 billion — up from about $9 billion at the end of 2025. That’s more than tripling in roughly a year. And the enterprise adoption is accelerating fast: back in February, they had over 500 business customers spending over $1 million annually. Today that number has doubled to over 1,000 in less than two months. That kind of growth is rare even in the AI space.

Most of the new compute will be built in the US, which expands on their November 2025 pledge to invest $50 billion in American computing infrastructure. It’s a smart move politically and practically, given the current climate around chip supply chains.

What I find interesting is how Anthropic is playing the hardware field. They train and run Claude on AWS Trainium, Google TPUs, and NVIDIA GPUs, matching workloads to the best chip for the job. That’s a sensible approach — it gives them flexibility and resilience, rather than being locked into one vendor. Amazon remains their primary cloud provider and training partner, and they’re still working with AWS on Project Rainier. But this new deal with Google and Broadcom shows they’re not putting all their eggs in one basket.

Claude is also the only frontier AI model available on all three major cloud platforms: AWS Bedrock, Google Cloud Vertex AI, and Microsoft Azure Foundry. That’s a nice differentiator in a market where exclusivity deals are common.

This is a massive bet on continued exponential growth. The question is whether the demand will actually materialize at the scale they’re planning for. Given the trajectory so far, I wouldn’t bet against them.