The WSJ has seen Anthropic's new draft prospectus. Some numbers:
They plan to spend three-quarters of a trillion dollars on compute over the next seven to ten years.
- $111 billion on Google cloud computing contracts
- $110 billion with Amazon Web Services
- $31 billion on Microsoft
- $86 billion on Nscale and Lambda
- $160 billion on Broadcom
- $150 billion in additional compute deals under negotiation
I don't see Elon/Colossus listed here? So unless they put that under future negotiations (which seems odd) I think that's another $85 billion through 2029. Unless it's been been cancelled? It only requires 90 days notice to do so.
Around one-fifth of Anths revenue in the first half of 2026 came from just two unnamed customers. They expect a 'significant portion' of their revenue will come from a 'limited number of customers for the foreseeable future.'
They said they bear liability for certain harmful model behaviors, and warn that the 'harm that could result from a catastrophic AI-related incident' might be so large that it would be unable to obtain insurance to cover the potential damages.