Anthropic Amends S1 Filing: Adds Over $10 Billion in New Agreements with Microsoft and Google
In its amended S1 filing, Anthropic disclosed over $10 billion in new agreements with Microsoft and Google. Microsoft's purchase commitment rose from a minimum of $44.9 billion to at least $47.2 billion and up to $49.2 billion, running through June 2033; Google's minimum commitment rose from about $114.5 billion to about $121.3 billion, running through July 2033, and both agreements require payment regardless of whether Anthropic uses the compute. This long-term compute is expected to reduce its reliance on short-term compute, which cost $5 billion last quarter and is significantly more expensive.
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The amended S1 filing discloses the amounts and payment terms of Anthropic's long-term compute commitments with Microsoft and Google, offering a window into its compute cost structure.
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View original postAnthropic forges ahead with IPO roadshow They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T. At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares. Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit. Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers. Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week. Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.
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Anthropic forges ahead with IPO roadshow They will sell up to 825M shares at $70 to $78 each, a range that values it at as much as $1.4T. At the top of that range the deal raises about $64.4B, and Anthropic itself takes roughly $62.5B from 801M new shares. Existing stockholders are selling only 23.6M shares, so almost all the cash funds the company instead of letting early investors exit. Earlier talk had pointed to as much as $2T, and the cut follows a tech selloff and midterm results showing voters souring on AI data centers. Even reduced, the price sits above the $1.25T private valuation OpenAI reached last week. Shares are expected to start trading on Nasdaq under the ticker “ANT” as soon as Thursday or Friday next week.
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Anthropic reveals in its amended S1 filing today, more than $10 billion in new agreements with Microsoft and Google.
The Microsoft deal now covers at least $47.2B and up to $49.2B of spending through June 2033, up from a $44.9B minimum.
Google’s minimum rose from about $114.5B to about $121.3B through July 2033, and both deals must be paid whether or not Anthropic uses the capacity.
That extra long-term capacity could ease its reliance on short-term compute, which cost $5.0B last quarter at significantly higher prices.