Anthropic PBC said today its annual revenue run rate has now exceeded $30 billion, up from just $9 billion at the end of last year, after confirming an expanded partnership with Google LLC and Broadcom Inc. to power its artificial intelligence models.

The company said it has seen accelerating demand for its Claude services this year. Now, more than 1,000 business customers are spending at least $1 million on its AI tools each year, up from just 500 at the end of February.

The acceleration suggests that Anthropic’s growth has not been stymied as much as feared by its ongoing dispute with the U.S. government. The company is caught up in a legal battle with the White House after military chiefs at the Pentagon decided to classify it as a “supply chain risk” following a standoff over its safety guardrails.

Anthropic has previously said that the designation could see it lose billions of dollars in revenue from enterprise customers that do business with the U.S. military. Last week, it told a San Francisco judge that the government’s decision prompted more than 100 businesses to contact it to express doubt over their ability to continue working with it.

However, Anthropic Chief Commercial Officer Paul Smith last week told Bloomberg in an interview that some customers respected that the company “demonstrates its principles,” despite the blow to its revenue.

In any case, Anthropic appears confident that it’s going to continue growing its business and require more computing resources in future. The expanded partnership with Google and Broadcom may also suggest that it’s confident the dispute will ultimately be resolved. In a blog post today, Anthropic said the agreement will ensure it has the “capacity necessary to serve the remarkable growth we have seen in our customer base.”

Broadcom is the primary developer of Google’s tensor processing units or TPUs, which are an alternative processor technology to Nvidia Corp.’s graphics processing units that are more efficient at inference workloads. Broadcom has a multiyear deal with Google to manufacture the TPUs on its behalf that runs until 2031, according to a regulatory filing published on Monday.

Their collaboration with Anthropic will provide the AI startup with access to about 3.5 gigawatts of computing power, starting in 2027. “The consumption of such expanded AI compute capacity by Anthropic is dependent on Anthropic’s continued commercial success,” Broadcom said. “In connection with this deployment, the parties are in discussions with certain operational and financial partners.”

The news sent Broadcom’s stock up more than 3.5% in late trading on Monday after it was announced. Chief Executive Hock Tan discussed the partnership with Anthropic last month during an earnings call, where he also revealed that he expects AI chip sales to generate more than $100 billion in revenue next year.

Google originally developed its TPUs to power Google Search, but soon realized that they’re extremely effective at running AI software, enabling it to provide customers with an alternative to Nvidia’s GPUs.

Image: Anthropic