Anthropic said it may issue convertible promissory notes with total principal of up to $42 billion and warned that it may need additional financing sooner than expected.
Large future commitments
The company expects to pay Google up to approximately $114.5 billion by 2033 and, under a lease arrangement with Broadcom, approximately $161.2 billion in rent over the lease term, excluding interest. Anthropic said computing and infrastructure costs are expected to become its largest operating expense for the foreseeable future, while its existing cash should cover at least 12 months of needs.
These are company plans and expectations relayed by BlockBeats. They do not establish that the notes will be issued or that the projected payments and cost path will occur as described. Read the English BlockBeats flash (original Chinese: BlockBeats flash).