Anthropic to Spend $518 Billion on Cloud and Infrastructure; Over $100 Billion Committed to Amazon
A draft of Anthropic's IPO prospectus reveals the AI company plans to spend a total of $518 billion over several years for cloud computing, infrastructure, and data centers. Of this amount, more than $100 billion is already committed in a long-term contract with Amazon Web Services (AWS), which will receive payments between 2026 and 2036 regardless of usage levels. Anthropic has also secured commitments from other major tech firms including Alphabet and Broadcom for a 5-gigawatt computing deal, $30 billion in Azure capacity from Microsoft, and plans to build data centers with Fluidstack. Despite significant losses reported in its financials—$42 billion net loss in 2025—the company's revenue is growing rapidly, reaching over $11.5 billion in Q2 of 2026. Amazon also holds a substantial stake in Anthropic through investments totaling up to $18 billion and has additional financing options available.
Topics: AI cloud computing infrastructure spending IPO