Tomasz Tunguz argues Anthropic should be judged as a cloud company, not an AI lab
Overview
Tomasz Tunguz argues Anthropic should be evaluated as a cloud company rather than an AI lab.
He compares its growth with Google Cloud Platform (GCP): Anthropic's revenue rose 1,374% year over year, against 82% for GCP. He says Anthropic's Q2 2026 revenue of $25 billion is about half of GCP's $42 billion.
Tunguz also points to Anthropic's $518 billion in data center commitments, which he says is nearly eight times its Q3 run rate. The report gives no source for these figures beyond Tunguz's analysis.
Written by AI from the articles below · updated Oct 19, 12:30 PM ET
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- Tomasz TunguzBlogTomasz Tunguz argues Anthropic should be evaluated as a cloud, not an AI lab
AITomasz Tunguz argues Anthropic should be judged as a cloud company, since its revenue is growing 1,374% year over year against GCP's 82%. He says Anthropic's Q2 2026 revenue of $25b is about half of GCP's $42b, and that its $518b in data center commitments is nearly eight times its Q3 run rate.
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