Bloomberg Surveillance · Tuesday, September 29, 2026
Anthropic's prospectus, reported by Reuters, indicates a future spending of $518 billion on data centers and cloud computing, a scale comparable to major industrial revolutions. Dan Ives likens this build-out to constructing the Las Vegas Strip in 1955, emphasizing the massive investment and the need for investors to see returns.
“Meanwhile, people are talking about just the scope of money that's being raised. I mean, the latest in this prospectus reported by Reuters of Anthropic talks about $ 518 billion of additional spending in the future on data sensors, cloud computing.”
“We're going to have, call it, $ 4 to $ 5 trillion being spent in the next three to four years. But you're building the Vegas Strip in 1955. I mean, that's where we are relative to what this is going to look like.”
“I think investors understand that these companies just can't. spend and see no returns. And I think that's something that we've seen with the public companies.”