Business · 4h ago
Anthropic Signs $19B Lease for 20-Year Data Center Deal
Anthropic, an AI startup that has never turned a profit, signed a 20-year lease with TeraWulf worth $19 billion. The deal commits the company to long-term infrastructure costs despite its unprofitable status. Anthropic claims it will still be operational in 2047 to close the lease.
Meridian48 take
This massive bet on future profitability raises questions about whether AI hype is driving unsustainable financial commitments.
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AI startup that’s never turned a profit say's it'll totally be around in 2047 to close its $19B lease →
The Register
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