Arabic version: اكتتاب أنثروبيك يختبر رهان قطاع التكنولوجيا على الإنفاق في الذكاء الاصطناعي
According to Cnbc, Anthropic’s expected Nasdaq debut on Thursday has become a major test for the technology sector and the young artificial intelligence market. The Claude creator is entering public markets while technology investors confront rising interest rates, pressure on infrastructure companies and turmoil at Nvidia. Advanced Micro Devices, Broadcom, Google, Micron, Microsoft, Nvidia and Taiwan Semiconductor Manufacturing Company are collectively investing $26 billion at the expected IPO price of $70 to $78 per share.
Anthropic’s financial commitments have increased the importance of the offering for its partners. Its latest prospectus lists more than $900 billion in outstanding spending commitments, including at least $110 billion with Amazon over 10 years, $400 billion with other companies for cloud capacity, and $300 billion with data-center and chip partners. The company also intends to spend $125 billion to $150 billion on AI chips from Google, with delivery not starting until 2028. “The numbers are just staggering,” said Joe Fath, a partner at Eclipse and former T. Rowe Price portfolio manager.
The IPO could generate more than $90 billion in proceeds, adding to Anthropic’s $132 billion in existing cash, including short-term investments. The company posted a net loss of $104 billion through the first nine months of 2026. Anthropic said it has previously underestimated compute needs, leaving it capacity constrained and affecting product development and deployment. Its contracts also extend unusually far into the future: its Amazon agreement runs for 10 years, while a data center beginning leases in 2027 has a 20-year term.
Google is expected to own about 13% of Anthropic after the IPO and is backstopping $19 billion of the lab’s lease commitments to Terawulf for data-center space in Kentucky. Bank of America, Blackstone, Citigroup and Morgan Stanley have offered $63 billion to buy Broadcom AI-chip racks that Anthropic would rent, while Broadcom has provided a maximum-liability backstop of $43 billion. Eli Mansoor, CEO of OskaQ Consulting, said the rush for limited infrastructure is reshaping cloud negotiations, particularly for graphics processing units.
