Anthropic has signed compute contracts worth up to $517 billion in eleven months, according to The Information. Since October 2025, the company has locked in at least 14.8 gigawatts of computing power on top of the one to two gigawatts it already had and is planning its own data centers. Total planned capacity likely still falls short of OpenAI's 30-gigawatt target for 2030, though many of Anthropic's contracts extend well past that date, making a direct comparison tricky, The Information notes. Neither company can cover these commitments from revenue alone just yet. Anthropic's annualized revenue topped $65 billion, according to Bloomberg. OpenAI was above $40 billion as of July.

In early 2026, Anthropic CEO Dario Amodei warned against investing too fast, saying competitors "don't really understand the risks they're taking." Now Anthropic is the one racing to catch up. OpenAI CEO Sam Altman, meanwhile, is urging caution and warning about "unsustainable silliness" from neo-cloud providers. Technical progress, he argues, could turn today's expensive projects into bad bets.