Anthropic commits to spending $200 billion on Google's cloud and chips, the Information reports

AI summary

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 indicates that the AI ‌startup represents ⁠more than 40% of the "revenue backlog" Google disclosed to ⁠investors last week, reflecting contractual commitments from its cloud customers, ​according to ​the report. Anthropic ​and Google ​did not respond to ‌requests for comment.