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Anthropic surpasses USD 30 billion annual turnover and signs agreement with Broadcom

The US artificial intelligence company confirmed its intention to partner with Broadcom and Google to support its rapidly expanding business

 REUTERS

2' min read

Translated by AI
Versione italiana

2' min read

Translated by AI
Versione italiana

Anthropic stated that its annual turnover exceeded USD 30 billion, up from USD 9 billion at the end of 2025, and confirmed plans to partner with Broadcom and Google to support its rapidly expanding business.

The artificial intelligence startup said that demand for its Claude services has increased dramatically this year, with more than 1,000 corporate customers spending more than $1 million a year. This figure has more than doubled since February.

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The partnership with Broadcom and Google, first announced last month, will help Anthropic build "the capacity needed to handle the significant growth we have seen in our customer base," Chief Financial Officer Krishna Rao said in a statement. Annual turnover, a common benchmark among technology start-ups, extrapolates the current level of sales over a full year.

The latest figures suggest that a high-profile dispute with the US government has not hindered growth. Anthropic is waging a legal battle against the Pentagon's decision to declare the company a supply chain risk, following a dispute over security measures related to artificial intelligence.

Anthropic has warned that such labelling could cost it billions of dollars in lost revenue, and a lawyer for the company recently told a San Francisco judge that the federal government's actions have led more than 100 corporate clients to contact the company to express doubts about continuing to work with Anthropic.

However, some customers appreciate the fact that Anthropic 'demonstrates its principles' in dealing with the US government, said Paul Smith, Anthropic's commercial director, in an interview last week.

Broadcom is developing chips using Google's Tensor Processing Units (TPUs), offering an alternative to Nvidia's technology. Broadcom and Google have entered into a long-term agreement to supply the chips and a supply guarantee pact valid until 2031, according to a document filed by Broadcom on Monday.

The three companies are also expanding a strategic collaboration that will give Anthropic access to approximately 3.5 gigawatts of computing power. This collaboration is scheduled to start in 2027.

"Anthropic's use of this increased computing capacity for AI depends on the company's continued commercial success. In connection with this implementation, the parties are in negotiations with a number of operational and financial partners,' Broadcom stated in the filed document.

Broadcom's shares rose as much as 3.6 per cent in after-hours trading after the announcement. The company's CEO, Hock Tan, had already spoken about the collaboration during a conference call on financial results last month. He had also stated that Broadcom expects sales of its AI chips to exceed $100 billion next year, making it one of the most important competitors to Nvidia.

Google's TPUs were originally designed to speed up its ubiquitous search engine, but have proven useful for creating and running AI software. Broadcom takes Google's specifications and creates complete designs that can then be sent to production.

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