"in May 2026, we entered into Cloud Services Agreements with Anthropic PBC (“Anthropic”), an AI research and development public benefit corporation, with respect to access to compute capacity across COLOSSUS and COLOSSUS II. Pursuant to these agreements, the customer has agreed to pay us $1.25 billion per month through May 2029, with capacity ramping in May and June 2026 at a reduced fee"

Anthropic is paying them 1.25 billion per month to serve Claude in their data centers. That's more revenue than Starlink. In fact that's their largest revenue stream lol.

As far as I can Google the colossus data centers did cost about 7-10 and 18 B respectively.

Renting them out in part at 1.25 B pr month sounds like a very good deal for spacex.

> COLOSSUS and COLOSSUS II

https://www.imdb.com/title/tt0064177

It may be sick, but someone's got a sense of humor over there :)

At the time of the announcement IIRC the deal was only for Colossus 1. Is Anthropic also leasing Colossus 2 new?

At the time the consensus narrative was that SpaceX no longer needed Colossus 1 for Grok and that was why it could be leased to Anthropic while Colossus 2 would handle Grok training and inference. Does Anthropic also leasing Colossus 2 change this?

The whole AI world really is completely circular spending where every one loses money along the way. The only one really making any money is Nvidia.

has anyone done the math on: 1. cost to build out and run the data centers 2. cost of compute (hardware and energy) 3. depreciation of legacy GPU and thus value at the end of 3 years.

And then compare the $45B revenue from Anthropic to see if it's mostly break even or if one of Anthropic/SpaceX came out ahead on the contract.

Whoa. I've said before, but I think Dario severely underestimated the coming demand and ensuing need for compute, and would need to pay through the nose when the crunch hit. I suspect that Google deal also worked out better for Google. This data point supports that view.

While Altman got laughed out of the room as a "podcasting bro" asking for trillions in investment in compute, Dario was going on about how difficult it is to forecast capacity on the Dwarkesh podcast. Seems like a major unforced error on Dario's part. What I cannot understand is how they both came to such different perspectives; my best guess is that ChatGPT has so much more traffic that OpenAI could gauge the trends much better.

This won't hurt Anthropic long-term of course, but this won't look great on that balance sheet, that too right around the time they plan to IPO.

Wow! 3 years is an eternity at this level.

Everyone laughed at Allbirds getting into the business of selling compute.

$45 billion for a 3 year rental.