Anthropic's spending commitments have reached $900 billion

The company Anthropic is facing a sharp rise in financial commitments amid growing revenue. By the end of the third quarter of 2026, the developer's revenue reached $17 billion.

At the same time, the company's total planned expenditures have increased to nearly $900 billion. Of this amount, $70 billion is due within the next year.

This financial burden is raising questions among analysts regarding capital availability and the company's future debt ratings. Large-scale investments in infrastructure and computing require a constant influx of funds to maintain current operations.

The situation highlights the high capital intensity of the generative AI market, where the expenses of leading labs are outpacing product monetization rates by a wide margin.