Anthropic is still grappling with the economics of compute

Automated excerpt

In a new filing on Monday, Anthropic released data that showed those margins on compute actually getting worse. Looking at the compute margins makes the picture even worse. Trying to keep up with demand, Anthropic’s compute bill shot up to $10 billion for the quarter, including, as the filing notes, “$5.0 billion of compute under short-term commitments, which currently costs significantly more than comparable compute procured under our multi-year commitments.” Basically, demand was growing so fast that Anthropic had to scramble for compute, which meant paying higher rates.

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