The Deal
Anthropic has signed a deal with Google and Broadcom for multiple gigawatts of TPU computing capacity, set to come online starting in 2027.
This move is significant because it shows Anthropic is positioning itself for independent compute access, reducing reliance on public cloud infrastructure and establishing dedicated capacity for its model development.
The Broader Competition
Bitcoin miners now face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal. The AI company's partnership with Google and Broadcom for next-generation TPU capacity starting in 2027 adds to a wave of demand reshaping the economics of every industry that competes for cheap electricity, including bitcoin mining.
My Assessment
This is the computing equivalent of vertical integration. Every serious AI lab is now securing long-term compute capacity. The days of paying for compute on-demand are over for frontier labs. The next bottleneck won't be GPUs or TPUs—it will be power and cooling infrastructure. Welcome to the industrial phase of AI.