Anthropic struggles to secure enough cloud capacity
A leaked S-1 filing shows hyperscalers now view the Claude maker as a competitor.
Money#07
$750B
Possible cloud contract spending by Anthropic
Image: TechCrunch
$750BPossible cloud contract spending by Anthropic
The short version
- Anthropic is having trouble securing enough cloud capacity from AWS, Google, and Microsoft, according to an S-1 filing leaked to The Wall Street Journal.
- Anthropic believes it could spend more than $750 billion on cloud contracts, some of which are still in negotiation.
- The company reported an $80.7 billion net loss and $16.3 billion in revenue in the first half of the year.
- Third-quarter revenue has reportedly reached $16.8 billion, up 45% from the previous quarter, and Anthropic is reportedly targeting a November IPO.
Why it matters
The filing suggests that compute supply is a constraint on frontier AI labs, not just a cost line. It also shows how dependent model builders are on a few large cloud providers that may also be competing with them.
“Anthropic is having trouble securing enough cloud capacity from AWS, Google, and Microsoft”