Anthropic's future 'hidden debt' nears $900 billion, a hidden detail in the prospectus for what could be the largest IPO in human history
Bloomberg reports that Anthropic's IPO prospectus shows nearly $900 billion in planned future spending on servers, buildings and power — off-balance-sheet obligations far above the $117.5 billion in liabilities on its balance sheet (against $112 billion in cash). Peers such as Alphabet and Meta are accumulating hundreds of billions in similar future commitments, stoking Wall Street worries about excessive AI spending; Amazon, Alphabet and Microsoft shares were all hit this week. The detail shows how much larger top AI labs' real capital commitments are than their headline balance sheets suggest, a key gauge of whether AI investment is sustainable.
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- IT之家2026-10-31 03:25