Anthropic reportedly commits at least $518 billion to cloud and compute over 10 years

A user says Anthropic’s prospectus commits it to at least $518 billion in cloud and compute spending over the next decade. The account cites minimum payments of at least $111.1 billion to Google and $110 billion to Amazon, plus about $161.2 billion in Broadcom-related equipment lease obligations. It puts the xAI compute commitment at up to $84.5 billion, cancellable with 90 days’ notice. The user argues that minimum payments lock in costs even if revenue does not keep pace.