01THE LONG COMMITMENTThe computer comes with quite a trainAnthropic's amended filing puts a $895.4 billion price on years of promised capacity.
The striking number in Anthropic's November 2 amended IPO filing is a commitment total. Purchase agreements and leases add up to about $895.4 billion, almost all for compute and infrastructure, including leases that have not begun.
About $447.5 billion is expected before the end of 2030, with most of the rest stretching from 2031 through 2045. Roughly $69.8 billion falls due in the twelve months after September 30, 2026. These are future contractual obligations, not a quarterly expense or money already spent.
There is an important escape-clause qualification: about $213.8 billion concerns arrangements with exercisable termination rights or conditions before commencement. Anthropic also warns that some agreements require payment regardless of how much capacity it uses. The business challenge is matching a very long shopping list to demand that can change much faster. Read the amended filing.



