Anthropic plans to spend up to $567 billion on compute. Its S-1 reveals plans to set up its own data centers
Anthropic’s 318-page IPO prospectus, which the company made public today, makes one thing clear: Compute is essential to Anthropic’s business, and not securing enough of it is a significant risk factor.

TL;DR
- Anthropic plans to spend between $542 billion and $567 billion on future compute and infrastructure.
- The company has secured compute deals with providers including Amazon, Google, Microsoft, and SpaceX.
- Anthropic is developing a proprietary orchestration layer to manage workloads across different cloud providers and chip types.
- A new initiative, 'Anthropic Direct,' involves Anthropic establishing its own data centers to reduce dependence on competitors.
- The 'Anthropic Direct' strategy includes lease agreements totaling $125.2 billion over five years.
- Significant energy demands and potential delays in power infrastructure are major concerns for the new data centers.
- Shortages of chips and data center equipment are also identified as potential risks.