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Anthropic’s IPO filing reveals 1,100% revenue growth and an $895 billion spending plan

About $895 billion in commitments, largely for computing capacity, are laid out in the filing.

Racks of servers in a data centre
File photo: Victorgrigas / Wikimedia Commons / CC BY-SA 3.0 (cropped and resized)

Anthropic's filing for a public listing shows revenue growing 1,100%, according to the company. It also discloses spending commitments of about $895 billion, mainly for computing capacity, with a large share due within five years.

The numbers show the scale of the AI infrastructure race: revenue is climbing very fast, but so is the bill for the data centres and chips needed to train and run models. That tension is why some analysts question whether the AI boom can last, while companies such as Foxconn say there is no bubble.

Bloomberg's report on the filing is embedded below.

Video: Anthropic Revenue Nears $17 Billion Ahead of IPO (Bloomberg Tech)

Excellentia summary of reporting by The Hindu. Read the original for full details.