According to the New York Times, Anthropic expects more than 3.5 gigawatts of computing capacity by the end of this year and aims to double that next year, enough electricity to power all the homes in Chicago. The company has accumulated $895.4 billion in commitments for data centers, chips and computing power through 2045, per its updated IPO prospectus, with nearly $70 billion expected to take effect over the next 12 months. It sources computing power from neoclouds Fluidstack, Lambda and Nscale and has major agreements with Google ($121.3 billion), Amazon ($110 billion), Microsoft ($44.9 billion) and SpaceX ($120.5 billion). The company is also taking a more hands-on role in infrastructure, hiring construction and supply-chain specialists and buying equipment such as cooling systems. The article notes that access to electricity and computing infrastructure is becoming a critical competitive advantage, while raising questions about returns on increasingly expensive capacity commitments.
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Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: medium
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.1T |
| Close on 11/02/2026 | 202.06 |
| Change that session | -1.26% |
GOOGL
▲ Likely positiveAlphabet Inc. (Class A)
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Communication Services |
| Industry | Interactive Media & Services |
| Market cap | $3.5T |
| Close on 11/02/2026 | 278.99 |
| Change that session | -0.30% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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