CNBC reported the deal lifted Google shares in after-hours trading and briefly pushed the company’s market value above Nvidia, while the contract would represent more than 40% of Google’s future contracted cloud revenue if confirmed.
Anthropic reportedly committed to spend $200 billion with Google Cloud over a five-year period, according to CNBC. The report sent Google shares higher in after-hours trading and briefly lifted the company’s market value above Nvidia. If confirmed, the agreement would account for more than 40% of Google’s future contracted cloud revenue, highlighting how large artificial intelligence infrastructure commitments can materially influence major cloud providers’ revenue visibility and investor sentiment.