Prof G Markets · Tuesday, October 27, 2026
An examination of Anthropic's S1 filing reveals massive future capital commitments, including $161 billion with Broadcom and $115 billion with Google, totaling over $800 billion in upcoming compute spending that is not yet reflected on the income statement.
“And they show us that they have an agreement with Broadcom with $161 billion and Google $115 billion. And you add it all up and you realize that they are about to spend on a timeline that they don't tell you, but they're about to spend more than $800 billion on compute.”