Anthropic commits to $517B in cloud and compute deals over decade

Anthropic, the company behind the Claude AI models, has secured contracts worth up to $517 billion in cloud, chip, and data center commitments over the next decade. The bulk of these deals have been struck since October 2025, representing a dramatic escalation from Anthropic’s previously projected $180 billion in server leasing commitments through 2029. The company has added a minimum of 14.8 gigawatts of computing capacity to an infrastructure base that previously sat at just 1 to 2 GW. Where the money is going The biggest slice of the pie belongs to Amazon and Google, who are supplying 11 GW of capacity in a deal valued at over $300 billion. Microsoft Azure picked up a $30 billion contract for 1 GW. Then there’s the SpaceX deal, valued at approximately $45 billion. Lambda and nScale together account for $80 billion in contracts covering 460 megawatts over six years. Fluidstack rounds out the headline partnerships with a $50 billion commitment for data centers in Texas and New York. The energy demand from all of these commitments is comparable to more than ten advanced nuclear reactors. Revenue surge and IPO positioning Anthropic’s annualized revenue run rate has climbed to approx...