Claude maker Anthropic disclosed about $895 billion of computing deals in its IPO filing. That is 27 times its nine-month revenue.
Anthropic filed updated financials with the US Securities and Exchange Commission on Monday, CNBC reported.
The filing lists purchase and lease commitments of about $895.4 billion, "substantially all of which is related to compute and infrastructure".
Revenue for the nine months to 30 September was $33.24 billion. In the third quarter alone it was roughly $17 billion, up about 1,127% on a year earlier, with a net loss of $23.29 billion.
Growth from the previous quarter slowed to around 47%, from 144% in the second quarter and 132% in the first.
The nine-month net loss was $104 billion. CNBC says most of it came from changes in the fair value of convertible notes, loans that can turn into shares, and derivative liabilities.
CNBC says Anthropic gets much of its computing from Amazon, Google and SpaceX. The report does not say over how many years the commitments fall due, the figure that would turn $895 billion into a yearly bill.
Sources
Our file on Anthropic
- 5 Nov
Revolut says self-hosted AI models cut its AI coding costs by roughly 90%. It dropped Anthropic's Claude Code as its default.
- 4 Nov
Half of Slack messages are no longer from people, Salesforce says. It counts a billion messages a day.
- 3 Nov
Oracle NetSuite user Brennan Industries says AI builds up to five ERP apps a day. ERP architects maintain that code.
- 31 Oct
Anthropic's backer Blackstone now expects a junk credit rating for the Claude maker, the FT reported. Blackstone had predicted investment grade.
- 28 Oct
Elvis song owners sued Anthropic over 274 songs, at up to $150,000 each. That adds up to $41.1 million.
Every story here is open to read. The ERP LEADERS brief goes one step further.
The day in enterprise software, in one email: the stories that matter, the failures with their figures, one case taken apart. Read a sample or sign up for the brief.
Welcome back. · Issue 01
