TLDR Tech / AI
Alphabet gains on report that Anthropic's committed to spending $200 billion on cloud services over the next 5 years
Anthropic plans to spend $200 billion on Google Cloud over the next five years. The relationship between the two companies has been deepening in recent weeks. Google plans to invest up to $40 billion in Anthropic. Anthropic's success has led to compute constraints, which has left some users frustrated by caps. The startup has responded by striking or expanding deals to gain more compute.
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