Anthropic still faces economic challenges with its computing costs.
Anthropic's latest earnings report showed the proportion of computing costs rose to 58% of revenue, continuing to expand from 48% in the previous quarter, while revenue reached $17 billion but losses simultaneously increased. The company paid $1 billion in computing fees to SpaceX, Nscale, and others to meet demand, with $500 million in short-term commitments significantly higher than long-term contracts, indicating that computing will likely remain the largest operational expense in the future.














