Anthropic (ANTH) Signs 3.5GW TPU Deal, Revenue Reaches $30 Billion

Anthropic (ANTH) has entered an agreement with Google and Broadcom to secure approximately 3.5 gigawatts of computing capacity, set to begin in 2027. The partnership expands on existing collaborations, with Broadcom providing one gigawatt of TPU compute for Anthropic in 2026. Additionally, Anthropic reported an annualized revenue run rate exceeding $30 billion, a significant increase from approximately $9 billion at the end of 2025. Broadcom's anticipated AI revenue from Anthropic is projected at $21 billion for 2026 and $42 billion for 2027, potentially impacting market expectations positively.