Anthropic has committed to cloud, chip, and data center deals that could cost as much as $517 billion, primarily over the next decade. That is nearly three times its earlier forecast of $180 billion for server leases through 2029, though the new estimate covers a longer period and a broader range of expense categories. Since October, Anthropic has signed agreements for at least 14.8 gigawatts of computing capacity, in addition to the 1 to 2 gigawatts previously secured. Amazon and Google account for 11 gigawatts, with estimated costs exceeding $300 billion over roughly ten years. Other partners include Microsoft, SpaceX, Lambda, and Nscale. Anthropic CEO Dario Amodei has urged AI labs to "pace the frontier," as demand for Claude Code and Cowork drives the company to acquire more computing power. [ChainCatcher]