Anthropic commits to spending $200 billion on Google’s cloud and chips: Report

Anthropic has committed to spend $200 billion with Google Cloud over five years as part of a recent agreement, The Information reported on Tuesday, citing a person with knowledge of the matter.

The commitment suggests the AI startup accounts for more than 40% of the revenue backlog Google disclosed to ‌investors last week, ⁠according ⁠to the report. The backlog reflects contractual commitments from cloud customers.