Broadcom Inks Twin Deals With Google and Anthropic

US semiconductor giant Broadcom has inked a five-year partnership with Google to develop the next generation of AI chips, and at the same time signed a new agreement with Anthropic to supply the frontier AI firm with the massive compute power it needs to train its Claude models.

The three-way tie-up, detailed in a US securities filing, will see Broadcom supply custom Tensor Processing Units (TPUs) for Google's AI racks, while Anthropic will secure access to 3.5 gigawatts of TPU-based computing capacity through Broadcom starting from next year.

The deal supports Anthropic's rapidly scaling operations, with the company reporting a run-rate revenue surpassing $30 billion, up from $9 billion at the end of 2025, as demand for its family of Claude models accelerates.

According to Anthropic's figures, the appetite for its AI models has skyrocketed since the firm's highly public spat with the Pentagon in February, with the number of business customers projected to spend over $1 million more than doubling in less than two months.

"We are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development," said Krishna Rao, CFO of Anthropic.

"We are making our most significant compute commitment to date to keep pace with our unprecedented growth."

The adoption of this expanded compute capacity is central to Anthropic's multi‑platform strategy, which blends Google's TPUs with Amazon's Trainium and Nvidia GPUs to boost performance for customers and reduce the firm's dependency on any single provider.

However, the Broadcom agreement is conditional on the company's continued commercial success, with the chip firm on the hook for billions of dollars in compute infrastructure if the AI market contracts.

Despite that get-out clause, for the moment, any lingering fears that the AI bubble will suddenly pop have not dampened Broadcom's confidence, with CEO Hock Tan saying in a recent earnings call that the partnership with Anthropic was "off to a very good start" this year in hitting 1 GW of TPU compute.

As per reports from CNBC, analysts at Mizuho have estimated that Broadcom will pull in $21 billion in revenue from Anthropic this year alone, expected to double to $42 billion in 2027 as more capacity comes online.

Broadcom is expecting big things from such partnerships, with the firm expecting AI revenue to grow 140% year on year over Q2'26, and the revenue from chips alone expected to pass $100 billion in 2027.

That trajectory is thanks to Broadcom positioning itself at the centre of the AI ecosystem. Although not a household name, the firm has made deals to supply not only Google and Anthropic, but also Meta and OpenAI, which is expected to deploy 1 GW of XPU capacity next year.