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Anthropic spent $5 billion on short-term compute in its third quarter, according to its amended IPO filing, showing how expensive scrambling for capacity can be.
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Anthropic spent $5 billion on short-term compute in Q3 alone, helping push it back into an operating loss. The Information’s Stephanie Palazzolo breaks down the cost of scrambling for computing capacity in Anthropic’s amended S-1: “When you don't plan ahead and you just need compute to either train models or just meet customer demand, that compute, if you need it in a short time period, is going to be really expensive.”Read original on X
Anthropic's amended S-1 filing this morning reports: Q3 revenue: $16.96 billion, up 1,127% year-over-year. Nine-month revenue: $33.2 billion. Cumulative purchase and lease commitments of $895.4 billion.Read original on X
SITUATION DETECTED: Anthropic’s new SEC filing this morning reveals: Q3 revenue: ~$16.96 billion (+1,127% YoY) Q3 net loss: ~$23.3 billion Nine-month revenue: ~$33.2 billion Aggregate purchase/lease commitments of ~$895.4 billion.Read original on X
Some new numbers in new Anthropic filing today: Q3 revenue is $17B, total committed compute spend $895B, and company flipped from running an operating profit in Q2 back to loss in Q3Read original on X
Anthropic's short-term compute costs pushed it into an operating loss
Anthropic's short-term compute costs pushed it into an operating loss
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