{"id":235861,"date":"2025-10-24T02:25:12","date_gmt":"2025-10-24T02:25:12","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/235861\/"},"modified":"2025-10-24T02:25:12","modified_gmt":"2025-10-24T02:25:12","slug":"anthropic-and-google-announce-massive-ai-chip-deal-worth-tens-of-billions-of-dollars","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/235861\/","title":{"rendered":"Anthropic and Google Announce Massive AI Chip Deal Worth Tens of Billions of Dollars"},"content":{"rendered":"

AI<\/a> firms Anthropic (PC:ANTPQ)<\/a> and Google (GOOGL)<\/a> officially announced on Thursday that they are expanding their cloud partnership in a deal worth tens of billions of dollars. More precisely, the agreement gives Anthropic access to up to one million of Google\u2019s custom Tensor Processing Units<\/a> (TPUs). In addition, the added capacity, which is expected to be available in 2026, will deliver more than a gigawatt of AI computing power. As a result, building a data center of that size could cost about $50 billion, with most of the expense tied to chips.<\/p>\n

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Interestingly, Anthropic\u2019s need for more computing power is being fueled by fast revenue growth. As a matter of fact, the company is approaching $7 billion in annual revenue and now serves more than 300,000 businesses, a sharp increase from two years ago. Its Claude Code product alone reached $500 million in annualized sales within months of launch. And while Google has invested over $3 billion, Amazon (AMZN)<\/a> remains Anthropic\u2019s main cloud partner, with $8 billion invested and custom-built systems for Claude. <\/p>\n

Indeed, Anthropic\u2019s Claude language models run on a multicloud setup that uses Google\u2019s TPUs, Amazon\u2019s Trainium chips, and Nvidia\u2019s (NVDA)<\/a> GPUs for different tasks, such as training and inference. Thanks to its multicloud approach, Anthropic can stay flexible, avoid outages, and remain neutral as competition between cloud providers continues to intensify.<\/p>\n

Is Google Stock a Good Buy?<\/p>\n

Turning to Wall Street, analysts have a Strong Buy consensus rating on GOOGL stock based on 29 Buys and eight Holds assigned in the past three months.\u00a0Furthermore, the\u00a0average GOOGL price target<\/a>\u00a0of $262.83\u00a0implies that shares are trading near fair value.<\/p>\n

\"\"<\/a><\/p>\n

See more GOOGL analyst ratings<\/a><\/p>\n

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