Anthropic agrees to pay Google $200 billion over five years for cloud computing and chips, marking a shift toward aggressive compute spending

Anthropic agreed to pay Google $200 billion over five years for cloud computing and chips, Amazon Web Services $100 billion over a decade, and Broadcom $63 billion by 2027.

The spending represents a change in strategy for Anthropic, which had been relatively parsimonious by hyperscaler standards, suggesting the company is experiencing a compute pinch.

Other AI giants (Alphabet, Amazon, Microsoft, and Meta) announced major capital expenditure increases, with total projected outlays for 2026 at around $725 billion, 77% up on the 2025 figure.