Anthropic's annual revenue has exceeded $30 billion, partnering with Broadcom Inc. (AVGO.US) and Alphabet Inc. Class C (GOOGL.US) to secure 3.5 gigawatts of computing power.

Anthropic has announced that its annual revenue run rate has exceeded 30 billion dollars, higher than the 9 billion dollars forecasted by the end of 2025. The company has also confirmed plans to collaborate with Broadcom Inc. (AVGO.US) and Alphabet Inc. Class C (GOOGL.US) to support its rapid expansion. The AI startup company stated that demand for its Claude service has accelerated this year, with over 1,000 enterprise clients spending over 1 million dollars annually. Since February, this number has more than doubled. Krishna Rao, Chief Financial Officer of Anthropic, said in a statement that the collaboration with Broadcom Inc. and Alphabet Inc. Class C (announced last month) will help Anthropic "build the necessary computational capacity to cope with the significant growth our customer base is experiencing." The annual run rate is a common benchmark used by tech startups to extrapolate current sales levels to the entire year. Recent data shows that a high-profile dispute with the US government has not hindered the company's growth. Anthropic is taking legal action against the Pentagon's decision to list it as a supply chain risk company, following an impasse between the two parties on AI security issues. Anthropic had previously warned that this label could lead to the loss of billions of dollars in revenue. A lawyer for the company recently told a judge in San Francisco that the federal government's actions have led to over 100 enterprise clients contacting the company with concerns about continuing to work with Anthropic. However, Paul Smith, Chief Business Officer of Anthropic, stated in an interview last week that some clients still respect Anthropic for "demonstrating its principles when dealing with the US government." Broadcom Inc. is using Alphabet Inc. Class C's Tensor Processing Units (TPUs) to develop chips as an alternative solution to NVIDIA Corporation's technology. According to a document submitted by Broadcom Inc. on Monday, Broadcom Inc. has reached a long-term agreement with Alphabet Inc. Class C to provide related chips and has signed a supply guarantee agreement valid until 2031. The three companies have expanded their strategic collaboration, enabling Anthropic to access around 3.5 gigawatts (GW) of computational resources. This collaboration is set to begin in 2027. Broadcom Inc. stated in the document: "The consumption of AI computational capacity after such an expansion by Anthropic is dependent on the company's ability to sustain business success. During this deployment process, the parties are in discussions with certain operational and financial partners." After the document was released, Broadcom Inc.'s stock price rose by 3.6% in after-hours trading. CEO Hock Tan mentioned this collaboration during last month's earnings conference call. He also stated that Broadcom Inc. expects its AI chip sales to surpass 100 billion dollars next year, making it a stronger competitor to NVIDIA Corporation. Alphabet Inc. Class C's TPUs were initially designed to accelerate its ubiquitous search engine, but now play a crucial role in creating and running AI software. Based on Alphabet Inc. Class C's technical specifications, Broadcom Inc. has designed a complete chip solution that can be manufactured and delivered.