Anthropic Projects Up to About $114.5 Billion in Google Payments Before 2033

Anthropic expects to spend up to about $114.5 billion on payments to Google before 2033, while rent under a lease arrangement with Broadcom could total about $161.2 billion over the lease term, excluding interest.

The company expects computing and infrastructure costs to keep rising in absolute terms and become its largest operating expense for the foreseeable future. Anthropic’s earlier disclosures included about $450 billion in cloud contracts spanning seven to 10 years and more than $600 billion in infrastructure commitments, detailed in earlier coverage of Anthropic’s spending.

Anthropic expects its cash and cash equivalents to cover working capital and other needs for at least 12 months. It also warned that it may need additional financing sooner than it currently expects.

The company said it delayed pretraining a new-generation frontier foundation model by more than a month to strengthen safety measures and prevent model-weight leaks. Anthropic also warned that risks will increase as AI systems gradually automate AI research and development.