The AI arms race has gone crazy:

A company is preparing to invest $518 billion

Anthropic's IPO filing disclosed a large amount of data that the outside world previously didn't know about these past few days.

The most outrageous claim is: in the next decade, commitments for AI infrastructure spending related to six partner companies will total at least $518 billion.

The filing also revealed that Anthropic's net loss in 2025 will be about $42 billion, of which about $34 billion came from financing-related write-downs, while the operating loss is slightly over $8 billion. The potential IPO valuation that the market had previously been discussing could even be on the order of about $2 trillion.

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