One thing I don’t know is when data center investments get committed to specific customers. Google and Amazon are Anthropic’s two main compute partners and will spend $200B each in capex this year and are presumably planning and developing sites for many more hundreds of billions by 2028. So one possible view of it is that their capex creates a window, and Anthropic’s eventual share depends on its funding and revenue. But Google and Amazon don’t quite know how their 2027-2028 data centers will be allocated.
In general, for large data centers the specific lab that will use it is settled well before the late stages of construction, e.g. Stargate and Rainier, But I know independent data center developers often start developing a site without having a client pinned down. And smaller inference clusters are presumably more fungible.
One thing I don’t know is when data center investments get committed to specific customers. Google and Amazon are Anthropic’s two main compute partners and will spend $200B each in capex this year and are presumably planning and developing sites for many more hundreds of billions by 2028. So one possible view of it is that their capex creates a window, and Anthropic’s eventual share depends on its funding and revenue. But Google and Amazon don’t quite know how their 2027-2028 data centers will be allocated.
In general, for large data centers the specific lab that will use it is settled well before the late stages of construction, e.g. Stargate and Rainier, But I know independent data center developers often start developing a site without having a client pinned down. And smaller inference clusters are presumably more fungible.