Technology · 1 hour ago
Anthropic to invest $518 billion in cloud computing over next decade
Mvolz via Wikimedia Commons (Creative Commons CC0 License)
Artificial intelligence company Anthropic intends to put $518 billion towards cloud and computing power over the next decade. It has already secured long-term cloud deals with hyperscalers like Amazon and Alphabet. Anthropic's spending signals a long-term boost for AI component prices, with high bandwidth memory prices expected to rise 121% in 2027.
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