Anthropic plans $518B AI infrastructure spend

Anthropic's IPO prospectus, seen by Reuters, shows the AI lab plans to spend $518 billion on AI infrastructure despite heavy losses. The figure underscores the enormous capital outlay required for frontier-model training and data-center buildout.

• Pre-IPO perpetual contracts on cryptocurrency exchanges barely moved on the news, reflecting a muted market reaction.
• The spending plan comes as Anthropic separately faces scrutiny over the pace and risk of autonomous AI development.