Compute / the Ledger · 10 deals
Who is paying whom for compute.
Every deal dated, typed in plain words, and linked to the document it comes from.
The LedgerRead against its source
Deals with Anthropic as a party. Anthropic’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 24 Sept 2026 | Anthropic commits $11.6B over seven years to Akamai Cloud for CPU workloads; Akamai issues Anthropic a warrant for up to ~5%SignedWarrant for up to ~5% of Akamai's common stock, ~2% expected to vest with this commitment; exercise price $111.33 per common share (per press coverage of the 8-K). | Capacity contract | $11.6B$11.6B contractual commitment; potential expansion of up to $9B more (~$20B total). | 7 years | Akamai 8-K Ex. 99.1, 2026-09-24Regulatory filing | |
| 18 Sept 2026 | Nscale agrees to provide Anthropic dedicated GPU infrastructure at its Monarch Compute Campus for up to about $44.6BSignedA series of GPU Services Agreements dated 2026-08-25 between Anthropic PBC and Nscale, for dedicated GPU infrastructure services at the Monarch Compute Campus (Mason County, West Virginia) supporting NVIDIA Vera Rubin NVL72 GPUs. Aggregate payments to Nscale of up to approximately $44.6B. Term, megawatts and GPU count not stated in the passage read. The form of order is filed as Exhibit 10.25 (redacted). First public in the S-1 filed 2026-09-18. | Capacity contract | $44.6Bup to approximately $44.6B aggregate payments | Nscale Form S-1, filed 2026-09-18Regulatory filing | ||
| 22 Jul 2026 | Anthropic to deploy up to 2 GW of AMD MI450-series GPUs in Helios racks; AMD commits up to $5B equity in AnthropicAnnouncedFirst gigawatt from H1 2027. Builds on Anthropic's existing MI355X use. Accelerator as stated: AMD Instinct MI450 series. | Chip supply | undisclosedNo purchase value disclosed; AMD equity investment up to $5B (a ceiling). | 2,000 MWMI450 | AMD press release, 2026-07-22Company press release | |
| 6 Jul 2026 | Anthropic signs a 20-year lease for ~401 MW at TeraWulf's Justified Data campus in Hawesville, Kentucky, ~$19B of contracted revenueSignedDeveloped in phases; initial capacity in service H2 2027, full 401 MW by early 2028. TeraWulf says the lease is expected to be supported by an investment-grade credit. Signed directly with Anthropic, not via Fluidstack. | Site lease | $19B | 20 years401 MW | TeraWulf 8-K Ex. 99.1, 2026-07-06Regulatory filing | |
| 3 Jun 2026 | Anthropic contracts SpaceX compute capacity across Colossus and Colossus II, about 325,000 NVIDIA GPUs, $1.25B a month through May 2029SignedCloud services agreements between SpaceX and Anthropic PBC; the financial-statement note dates the first agreement 2026-05-03. Compute across COLOSSUS and COLOSSUS II: approximately 325,000 NVIDIA GPUs plus CPUs, storage and networking. Fee $1.25B per month through May 2029, ramping in May and June 2026 at a reduced fee. Either party may terminate on 90 days' notice. Total value not stated; GPU model not stated. Source: SpaceX Form S-1/A (Amendment No. 2), filed 2026-06-03. | Capacity contract | undisclosed$1.25B per month through May 2029, capacity ramping in May and June 2026 at a reduced fee | 325,000 × GPUs | SpaceX Form S-1/A, 2026-06-03Regulatory filing | |
| 20 Apr 2026 | Anthropic commits more than $100B over ten years to AWS for up to 5 GW; Amazon invests $5B now and up to $20B moreSignedNearly 1 GW of Trainium2/Trainium3 online by end-2026. Builds on $8B Amazon invested earlier ($4B announced 2023-09-25, $4B on 2024-11-22). Accelerator as stated: AWS Trainium2-4. | Capacity contract | $100B'More than $100 billion' over ten years (a floor). Equity: $5B now plus up to $20B on milestones. | 10 years5,000 MW | Anthropic announcement, 2026-04-20Company press release | |
| 6 Apr 2026 | Anthropic to access ~3.5 GW of next-generation TPU capacity through Broadcom from 2027; Broadcom signs long-term TPU supply with GoogleSignedBroadcom-Google Long Term Agreement for custom TPUs and a Supply Assurance Agreement through up to 2031. Broadcom notes consumption depends on Anthropic's continued commercial success, and that the parties are in discussions with operational and financial partners. Accelerator as stated: Google TPU (next generation). | Chip supply | undisclosedNo dollar value disclosed. | 3,500 MW | Broadcom 8-K, 2026-04-06Regulatory filing | |
| 18 Nov 2025 | Anthropic commits to $30B of Azure compute; Nvidia to invest up to $10B and Microsoft up to $5B in AnthropicSignedEquity: Nvidia up to $10B, Microsoft up to $5B (ceilings). No valuation disclosed. Accelerator as stated: NVIDIA Grace Blackwell / Vera Rubin. | Capacity contract | $30B$30B Azure purchase commitment; the up-to-1 GW of additional contracted capacity is on top of it. | 1,000 MW | Anthropic announcement, 2025-11-18Company press release | |
| 12 Nov 2025 | Anthropic announces a $50B investment in US data centers built with Fluidstack in Texas and New YorkAnnouncedSites coming online through 2026. |
| Capacity contract | $50B$50B investment headline; contract structure, term and capacity not disclosed. | Anthropic announcement, 2025-11-12Company press release | |
| 23 Oct 2025 | Anthropic expands its Google Cloud TPU use to up to one million TPUs, over a gigawatt online in 2026AnnouncedAccelerator as stated: Google TPU. | Capacity contract | undisclosed'Tens of billions of dollars' per Anthropic; no exact figure or term. MW is 'well over a gigawatt' in 2026. | 1,000 MW | Anthropic announcement, 2025-10-23Company press release |
chip named on 1 of 10 · term on 3 · price on 0
Download CSVthis view · source on every row
How the Ledger is kept
- Every row is a deal read in its source, and links to that source.
- Every row says what kind of document it comes from: a regulatory filing, the company’s own release, an earnings call, or a news report. A news report stays a news report until a filing confirms it.
- Values are the headline figures as the parties disclosed them, in US dollars, unadjusted. “Undisclosed” means they did not say.
- The end date is the start plus the term, worked out here — it is not a reported figure.
- Facts only. The Ledger holds no view on any deal.