Google, Anthropic agree to cloud deal worth tens of billions of dollars

Core Insights - Anthropic is significantly expanding its partnership with Google Cloud, securing access to up to 1 million of Google's custom in-house chips in a deal valued at tens of billions of dollars [1][2] - This expansion will provide more than 1 gigawatt of compute capacity by 2026, marking Anthropic's largest commitment to Google Cloud to date [1][2] - Anthropic's CFO stated that this move is essential to meet the increasing demand from over 300,000 enterprise customers, while the company maintains a multicloud strategy utilizing technology from Amazon, Google, and Nvidia [2] Contextual Comparison - In comparison, OpenAI has recently signed commitments for 33 gigawatts of future capacity for its Stargate project, highlighting the scale difference between the two companies [3] - Despite the smaller scale of Anthropic's agreement, it is already locked in and expected to be operational by 2026, contrasting with some other recent deals that may not have the same level of certainty [3]