OpenAI says 1.9 GW compute; Anthropic cites deals, $30B

OpenAI and Anthropic traded competing claims over computing capacity and business growth as both prepare for public listings. OpenAI told investors it has 1.9 gigawatts of data center capacity for 2025; Anthropic reported 1.4 gigawatts and highlighted recent deals and revenue.

OpenAI shared a document for investors saying its capacity has tripled from a year earlier. The company projects low-double-digit gigawatts within 12 months and 30 gigawatts by 2030. The document projected Anthropic would reach seven to eight gigawatts before the end of 2027 and argued that larger infrastructure spending can lower costs and attract more customers.

Anthropic pointed to a partnership with Google and Broadcom that it says will provide roughly 3.5 gigawatts of compute starting in 2027. Anthropic CFO Krishna Rao called the pact ‘our biggest computing commitment yet to keep up with growth.’ On Friday Anthropic announced an additional agreement with CoreWeave to add capacity later this year; CoreWeave shares rose more than 5% in premarket trading.

Anthropic reported annual revenue of $30 billion, up from about $9 billion at the end of 2025. The company reported that more than 1,000 businesses now spend over $1 million each year on its services, up from about 500 in February. Anthropic projects it will reach positive cash flow by 2027.

Anthropic runs its Claude models on chips from Amazon, Google and Nvidia and makes the model available on those cloud platforms. The company committed $50 billion last November to build U.S. computing infrastructure.

OpenAI’s investor note referenced comments by Anthropic co-founder Dario Amodei, who previously described some competitors as ‘YOLO-ing.’ OpenAI plans to invest roughly $600 billion in chips and data centers through 2030 and expects part of that to be funded by a proposed $122 billion fundraise. The company forecast a $14 billion loss in 2026 and does not expect to break even until 2030.

Anthropic reported its share of U.S. enterprise AI spending rose to 40% while OpenAI’s share fell from about 50% to 27% over the same period. Both firms are preparing for initial public offerings.

Both companies emphasize expanding compute capacity and growing business sales as priorities ahead of their public listings.