Anthropic signed $517bn in compute deals over 11 months

Data Center Dynamics reports Anthropic has signed compute agreements totaling $517 billion over the past 11 months, representing 14.8GW of capacity. The figure covers commitments made across multiple deals rather than a single contract.

Why it matters: This lands alongside reports of Anthropic's roughly $2 trillion IPO valuation, showing the company locking in compute at a scale that rivals the most ambitious infrastructure commitments from OpenAI and other labs. It fits a broader 2026 pattern of AI labs pre-committing to multi-year, multi-gigawatt compute deals well ahead of demonstrated revenue — a bet that raises the stakes if model economics or demand growth don't keep pace.