Anthropic plans to spend $518 billion on AI infrastructure. Pre-IPO perps barely blink.
Anthropic’s prospectus seen by Reuters shows big spending plans despite heavy losses. Still, pre-IPO perps barely moved on cryptocurrency exchanges.
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Summary
- Anthropic plans to spend $518 billion on cloud computing and infrastructure as it prepares for a potential public listing, according to Reuters.
- The Claude developer lost $42 billion in 2025, including a $34 billion non-cash accounting charge, while revenue rose twelvefold to nearly $4.6 billion.
- Pre-IPO perpetual futures show little signs of volatility, trading slightly weak in line with the broader crypto market.

