Anthropic reportedly struggles to get cloud compute ahead of IPO

Anthropic is reportedly having trouble securing enough compute from cloud providers that increasingly see it as a competitor. Its infrastructure spending is rising ahead of a planned November IPO.

Why it matters: This explains why Anthropic is pursuing separate deals such as the reported second Nscale agreement. Dependence on rivals-turned-suppliers is a key risk for any lab, and compute access may shape IPO investor questions.