Anthropic Faces Challenges in Securing Cloud Capacity from Major Providers
Anthropic is struggling to secure sufficient cloud computing capacity from major providers like AWS, Google, and Microsoft. According to a leaked S-1 filing obtained by The Wall Street Journal, these hyperscalers increasingly view Anthropic as a competitor rather than a customer. Despite plans to spend over $750 billion on cloud contracts—some still in negotiation—the company is not getting enough capacity. As an alternative, it's leasing its own data centers and working with third-party operators, though the firm expresses concerns about their reliability. Anthropic reported an $80.7 billion net loss for the first half of 2026 on revenue of $16.3 billion during that period, with just two customers accounting for roughly a fifth of sales. The company also disclosed potential liabilities exceeding available insurance coverage due to harmful AI behavior risks. However, it noted third-quarter revenue reached $16.8 billion—a 45% increase from the previous quarter—and is reportedly planning an IPO in November.
Topics: AI Anthropic cloud compute