Anthropic, the AI lab behind the Claude model family, has secured 5 gigawatts of capacity as Alphabet CEO Sundar Pichai says his company cannot build AI capacity quickly enough to meet demand. The development follows Alphabet’s announcement of up to $40 billion in investment in Anthropic, bringing financial backing and computational resources into sharper focus as developers compete on AI benchmarks. Pricing indicates growing confidence that Anthropic can deliver a leading AI model by the end of September 2026. Markets will watch Anthropic’s upcoming benchmark performance, as well as evaluations comparing it with Google, Meta and OpenAI. Further capacity-expansion moves by Alphabet and its competitors could affect market perceptions and pricing in the coming weeks.