Anthropic has signed a deal with Broadcom and Google for the supply of 3.5GW-worth of Google Tensor Processing Units (TPUs), slated to come online from 2027.

Separately, Broadcom stated in a regulatory filing that it has entered into a Long Term Agreement with Google to develop and supply future generations of its TPUs, in addition to signing a Supply Assurance Agreement to supply "networking and other components" to be used in Google's next-generation AI racks until 2031.

The TPUs will also be accessed through Google Cloud services.

Anthropic

The financial terms of both agreements have not been disclosed. However, in the regulatory filing, Broadcom said: "The consumption of such expanded AI compute capacity by Anthropic is dependent on Anthropic's continued commercial success. In connection with this deployment, the parties are in discussions with certain operational and financial partners."

In February 2026, Anthropic raised $30 billion in Series G funding, giving the generative AI company a post-money valuation of $380bn. The round was led by GIC and Coatue, as well as D. E. Shaw Ventures, Dragoneer, Founders Fund, ICONIQ, and MGX, while Microsoft and Nvidia also invested a portion of a previously promised $15bn investment.

In a statement announcing the deal, Anthropic said its run-rate revenue (RRR) has reached $30bn, up from approximately $9bn at the end of 2025. The company further noted that it has more than 1,000 businesses spending more than $1 million on an annualized basis.

RRR takes current revenue in a certain period (undisclosed in this case), and extrapolates a full-year equivalent. Annual recurring revenue (ARR) similarly tries to predict full-year revenue, but instead only looks at customer subscriptions normalized over 12 months, so it does not include other potential revenue streams.

Earlier this week, however, the Wall Street Journal reported that at its current rate of spend, Anthropic is unlikely to turn an operating profit until at least 2028.

Anthropic said the "vast majority of the new compute" would be situated in the United States and would form part of the company's November 2025 pledge to invest $50bn in strengthening US compute infrastructure.

"The partnership deepens our existing work with Google Cloud -- building on the increased TPU capacity we announced last October -- as well as our relationship with Broadcom," it added.

The announcement follows reports from late March 2026 that Google is planning to provide financial backing for a multi-billion-dollar data center project in Texas to be used by Anthropic. According to a March 30 report from the FT, the backing could include construction loans for Nexus Data Centers, the company that will operate the data center for Anthropic, with a consortium of banks competing to provide financing, which could be as much as $5bn.

Broadcom to develop Google TPUs until 2031; Anthropic signs deal with both companies for 3.5GW of TPUs