Anthropic is assembling roughly 10 gigawatts of compute capacity by the end of 2027, up from approximately 1.4 gigawatts online at the close of 2025. A New York Times report previously identified a 5 GW year-end target, while newer projections specify roughly 5 GW by the end of 2026 before capacity doubles the following year. The expansion includes approximately 3.5 GW of next-generation Google and Broadcom TPU capacity beginning in 2027, up to 5 GW of AWS Trainium capacity, up to 2 GW of AMD MI450 GPUs, a 2.16 GW Australian inference campus scheduled to launch in 2027 and 460 megawatts from Nscale under a contract reportedly worth $45 billion over six years. Anthropic’s annualized revenue surpassed $30 billion by April 2026, compared with roughly $9 billion at the end of 2025, while projections suggest it could exceed $65 billion.