source:
>https://www.reuters.com/business/anthropics-518-billion-ai-buildout-hinges-largely-deals-that-cannot-be-canceled-2026-09-29/
>Anthropic said it expects to spend at least $518 billion over a decade building AI infrastructure with six partners, according to a confidential IPO prospectus seen by Reuters — a plan that ranks among the largest AI buildout commitments on record.
>The AI lab said in the prospectus that about 80% of that sum is non-cancelable or requires payment regardless of usage. Anthropic is telling investors the commitments are necessary because access to computing power is becoming the key constraint on AI development, as future demand for advanced AI systems is likely to exceed available supply and will be "limited principally by the availability of compute."

i are is the retard when it comes to the moneys. Is this basically them knowing they're fucked and trying to cash out before it all hits le fan?

>>109946142
https://www.youtube.com/watch?v=4gryjng9VaY
Amazon made $77.67B in profit last year.

How many countries aren´t in the hole for US$ 500 billion? And I mean total, every penny the state owes.

>>109946183
nah bra they're shutting it down to prevent world domination

The worst part is that you're the one who'll be paying for it.

>>109946142
> $500 billion
When every person on Earth has a $200/mo subscription they'll be making $500 billion every month and that's AFTER accounting for the incoming population decrease.

>>109946476
no, you will be the one paying for it

>>109946200
amazon had 2 billion in debt when that interview was recorded and that was 3 years after their IPO
you figure the rest out since you're so smart

>>109946264
Greece right now, which famously indebted itelf to an extreme degree considering it's economy at the time, has 483 billion in debt.
more examples here:
https://www.usdebtclock.org/world-debt-clock.html

>>109946502
this guy also makes a good point if you remove the schizobabble
they would have to convince 5 billion people to buy a standard subscription or 500 million people to buy a max 20x subscription for 5 months to pay this off.
and that's without them taking on any further debt.
it's a very tall order, but not entirely impossible? I don't know.

>>109946672
>they would have to convince 5 billion people to buy a standard subscription or 500 million people to

lmao their datacenters are going to burn out from overuse, all those server grade nvidia gpus going up in smoke for some retarded 3rd worlder bullshit like animating bouncing animu titties kek

>>109946183
you can draw lines on a graph, have backtests, market prediction models, insider info but after its all said and done it's all guesswork at the end of day

>>109946468
lmao

>>109946142
protip: it's a scam, would you like to invest?

*teleports behind you*
*cures cancer*
cheque, m8

>>109946502
>When every person on Earth has a $200/mo subscription
I don't think Chukwu Obongowoyeye is making that in a year, anon, never mind a month

>>109946156
>>109946142
>>109946264
It's not "you owe $500 billion". It's "you've committed to spend $500 billion over 10+ years".

>>109946142
in a just world every AI CEO would be publicly executed
we're completely fucked when this shit crashes

>>109946569
thankfully im not amerigarbage so i wont be :-D

>>109946142
PRINT
MORE
MONEY

simple as.

>>109946672
>it's a very tall order, but not entirely impossible? I don't know.
It's a tall order but I think made somewhat more realistic when you consider their primary source of income probably is not people paying $20 or even $200/mo, it's enterprises. My wife works at a Fortune 500 company and the management is completely mindbroken by AI. Part of their performance review is just number of tokens spent. The more the better.

>>109946142
umm… you DO realize that they have ALREADY reached $65B+ in annualized revenue, right? Which means they can already afford $50B/year in compute spending. Why are all of you retards so instantly crippled by big number? Why can’t you think for two seconds?

>>109946142
These AI labs are going to get fucked, but not because their tech isn't good. But because it's going to be too good at driving down the cost of products, particularly digital products.
>AI is inflationary because ram has gotten too expensive
Only during the buildout phases.

Eternal reminder that the SaaS part of the business is profitable and that the massive amount of debt is accrued solely through R&D spending

>>109946794
80% of those "commitments" aren't optional
which means that at least 400 billion is effectively debt, it's even worse because they can't even issue that shit as bonds.
in other words, they are fucked if the IPO doesn't pan out the way they need it to or if they start missing payments after the fact.

>>109946824
umm... you DO realize that that 65 billion figure came from Anthropic themselves? kek

>>109946823
you're not wrong, but that is also another problem Anthropic might face, apparently about 25% of their 2025 revenue came from 2 companies according to the S-1.
if this trend continues, those two companies effectively hold Anthropic hostage.

>>109946794
OP is dumb

>>109946142
If this blows off your socks just wait until all the nasty details get out to the general public a few years down the line like they always do.

>>109947013
> umm... you DO realize that that 65 billion figure came from Anthropic themselves? kek
it’s pretty sad when you have to resort to this. You actually think that in a few months people will find out they completely lied? Lol, you’re a delusional conspiracy theorist. They’re literally doing much better than they initially predicted with their investors

>>109947068
>someone says someone did something
>"it's pretty sad that you have to tell everyone that someone did the thing that they did"

>>109947068
>I trust Dario Amadei's word and you are le conspiracy theorist
you sound like a jeet
guess shills have finally found this thread

>>109947080
and now you’re pretending to be retarded. The Luddites aren’t sending their best

>>109947101
this isn't about being a luddite you jeet, even if Anthropic ceases to exist tomorrow, LLMs will still be there
this is about a company potentially crashing the entire fucking economy or, at best, causing another round of trillions of dollars having to be printed

>>109946142
>two more weeks and ai will disappear!!
Keep coping trans

>>109947130
read
>>109947123
dumb fuck

>>109947142
You’re still trans

>>109946142
you are a retarded goy
you don't understand business
don't overthink things and trust the experts

>>109946672
>Greece right now, which famously indebted itelf to an extreme degree considering it's economy at the time, has 483 billion in debt.
there's a difference between sovereign debt and corporate debt obviously, governments can tax and shakedown corporations and individuals and other options that aren't legal for corporations.

a company has to sell a product to generate profit, unless government makes it legal for corporations to forcefully extort money from the population which could happen I suppose what can happen is they could end up just not generating profit and have zero options to deal with liabilities and end up failing and defaulting on debt.

however this plays out the american government won't want to be seen "bailing out" these companies so some truly horrific comic way of getting money into these companies hands will be crafted by the tech oligarchs

>>109947148
and you're a jeet

>>109947163
Retarded trans subhuman

>>109947173
DO NOT REDEEM SAAAAAAAAAAAR

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>>109947176
>indians out of nowhere
Die trans snailcat

>>109946200
>Amazon made $77.67B in profit last year.
Funny you mention them because 80% of that isn't real. It's just their anthropic stocks being counted up in value, which they cannot sell, which are not subject to market pricing.
>>109946502
>When every person on Earth has a $200/mo subscription
>they'll be making $500 billion every month
No, then they will be losing even more billions per month, because those subs are not profitable.

>>109947068
>>109947013
65B isn't counted with any real accounting rule, so it could be anything. It's most likely their best month or even week counted up.

In real documents they reported Q12026 as 4.73B and Q2 11.5 "estimated".

Seems unlikely they're not at a big loss monthly as in 2025 they spent 13B to get a 4.6B revenue. Kek

>>109947210
>$11.5B in Q2 2026
I love how you added “estimated” while also saying these documents are “real”. If we annualize $11.5B then that’s $46B/year, which again, is already close to their spending needs. You think it’s hilarious that they’re losing money but that was the plan the whole time, and yet they’re making much more than they predicted.
> Seems unlikely they're not at a big loss monthly as in 2025 they spent 13B to get a 4.6B revenue. Kek
At this point, talking about 2025 numbers is pure desperation. They’re now making more money in one month than they did all of 2025.

>>109947201
don't make me break out the trains Sukhdeep

>>109947242
>At this point, talking about 2025 numbers is pure desperation.
yes. because it's the only numbers that they can't lie about, due to them being confirmed by the leaked S-1.
>instead we should focus on Anthropic's marketing claims
said the pajeet, working a late shift at his shill sweatshop

>>109947249
Keep coping trans

>>109947210
>>109947242
>Seems unlikely they're not at a big loss monthly
cba checking this but most recent figures seem to have them around $2 costs for every $1 in revenue
>B-But what if we expand!

>>109946142
>genuinely, what can they even do at this point?
... IPO?

The american public will bail them out

>>109947013
>they are fucked if the IPO doesn't pan out the way they need it to
I think they'll be fine. Retail retards and a few big speculators will be left holding the bag from all this. It will only become clear later that it's just a bunch of spend with no path to profitability.

>>109947273
A Biggist IPO EVA™ would still only raise $100B or so - they don't sell every share, and some of that cash will be returned to investors.
Which leaves a Co. with - in best case - $100B of cash, $400B+ of debt and a plan to pay it all back by generating income. Income which costs them 200% of revenue at present. Its all a very very precarious setup and op is right in that sanely run companies don't generally tend to carry this level of debt.

>>109947367
$400B over 10 years is just $40B. In Q2 they earned $11.5B, which, annualized, is $46B, so they can pay for all their compute with $6B to spare even assuming that their revenues won’t continue to grow (their Q2 revenue was 3x their Q1 revenue). Now let the cope flow.

>>109947242
>I love how you added “estimated” while also saying these documents are “real”.
Yes something can be allegedly estimated, despite being real GAAP numbers not arbitrary "annualized run rate".
>If we annualize $11.5B then that’s $46B/year,
Then $65B is made up, is it not?
> is already close to their spending needs.
Nope they need to pay more for compute than they get in revenue for plan customers. And they have a huge, growing overhead.
>talking about 2025 numbers is pure desperation
It's the latest verified leak. It's very relevant.
>desperation
It's pretty desperate to have to obfuscate your numbers if they're so good.
>>109947346
>>109947355
Of course this is their plan. IPO and let retail and pension funds hold the bag, then rugpull. This is why it's important we talk about it, so we can protect ourselves. If you're reliant on index funds, have pension funds with exposure, you can cut down, buy safer companies, or hedge by shorting AI (Oracle and coreweave and seconds spaceX are the best right now, imo.)

>>109946142
ASI could generate 100T dollars of value in a year. Investors understand this.

>>109947013
>which means that at least 400 billion is effectively debt, it's even worse because they can't even issue that shit as bonds.
It's not. You pay interest on your debt. You don't pay interest on future payments.

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>>109946142
RIP Saab, has the kikes

>>109947415
>annualized, is $46B
>so they can pay for all their compute
That's just their commitments. They are making a big loss on everything else, too. We don't know their loss for Q2 2026 but we can expect it to be substantial.

Oracles credit is getting downgraded to junk and anthropic isn't going to be better. Just interest will be a major cost.

>>109947698
>ok, so like, sure, they might be able to pay for compute, which is like the entire essence of the whole operation, but they’re losing money on all the other things too!
kek. And I was being conservative. They’ll probably make $100B next year at the very least.

>>109946776
Chuk ain't gonna make it, neither are his 12 kids. AI will make sure of that.

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>>109946672
>https://www.usdebtclock.org/world-debt-clock.html
lol

>>109947367
openAI routinely raises hundreds of billions

if we look at the actual biggest IPO ever, which was spacex, we get the following numbers, I have differentiated between debt and capital expenditures(commitments) since a couple people complained about the semantics of it:
>debt prior to IPO: 29 billion in debt + 10 billion capex = 39 billion effective debt
>marketcap all-time high: 2.95 trillion
>currently trading at 2 trillion
>spacex raised 85 billion from that
let's be VERY charitable and say Anthropic raises 150-200 billion in the biggest IPO ever.
that wouldn't even cover even half of their non-cancellable debt.

>>109947367
there is one very sneaky trick they're trying to pull though, they're apparently trying to create a founder llc that retains 50.1% of the voting power in the hands of Anthropic's founders, despite them collectively owning only 2%.
so they might actually try to sell, not every single share, but very close to that if I understand correctly.

>>109947415
>>109947719
>after quietly backpedaling from the 65 billion figure, the jeet shill is now misrepresenting gross revenue as net revenue

>>109947657
>ASI could redeem 100T rupees in Google gift cards
>jeet shills understand this
ftfy

>>109947871
> let's be VERY charitable and say Anthropic raises 150-200 billion in the biggest IPO ever. that wouldn't even cover even half of their non-cancellable debt.
why the fuck would they have to pay all of commitments over 10 years immediately you dumb nigger? You literally cannot think straight. Lay off the hormones, tranny

>>109947793
they don`t `routinely raise hundreds of billions` - they raised about $180-190B total. Ever. And still run at a Gross Margin of near -40%.
Sammys Planned Spending over the next few years is stated as anywhere $750B-$1T. And while a lot of this is circular paper horseshit shuffling between the Usual Suspects, these are still horrendous sums. And no one has a clue what happens when just one of these goes titsup - *both* OpenAi and Anthropic are unlikely to hit planned revenue targets - and a few hundred of these magic $Billions suddenly disappears. And the music stops.

>>109947890
>state that the literal best case scenario is for them to only raise 50% of what they owe, unlike SpaceX which raised double of what they owe
>the jeet shill immediately starts making steve noises
kek stay mad pajeet

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>>109946142
>Anthropic has 518 billion in effective debt pre-IPO
that's a real worlder problem

>>109947755
such a meme site, holy shit.

AI jeets will never live down the fact that WinRAR is more profitable than both Anthropic and OpenAI.