May 5 (Reuters) – 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.
Contracts involving Anthropic and OpenAI now account for more than half of the $2 trillion in backlogs at major cloud providers, the U.S. digital news outlet said.
Reuters could not immediately verify the report. Anthropic and Google did not respond to requests for comment.
Google parent Alphabet’s shares were up about 2% in extended trading on Tuesday following the report.
(Reporting by Disha Mishra in Bengaluru; Editing by Tasim Zahid and Sriraj Kalluvila)
