Anthropic's $750B cloud spend hits a snag
anthropic's massive cloud contracts with aws, google, and microsoft are in jeopardy as the companies see anthropic as a competitor, not just a customer.
anthropic is facing challenges in securing cloud capacity from aws, google, and microsoft, which now view the claude-maker as a competitor rather than just a customer. according to a leaked s-1 filing, anthropic plans to spend over $750 billion on cloud contracts, with some deals still in negotiation. despite this, the company is also leasing its own data centers and working with third-party data center operators, which have a 'limited operating history'. anthropic reported $16.3 billion in revenue in the first half of the year, with an $80.7 billion net loss. the company is reportedly targeting a november ipo.