Anthropic secured approximately $517 billion in compute supply contracts over an eleven-month period beginning October 2025, adding at least 14.8 gigawatts of capacity to its footprint alongside plans for proprietary data centres. Nscale's $45 billion long-term anchor contract, reported in Issue 198, is one component; the total spans multiple infrastructure partners across regions. Anthropic's $65 billion in annualised revenue is insufficient to cover the commitments from operating cash flow — the contracts extend well past 2030. OpenAI's stated target is 30 GW by 2030; Anthropic's disclosed 14.8 GW still-growing footprint positions it as a credible second-tier consumer of global AI infrastructure buildout. For enterprise buyers and practitioners managing AI deployment costs: aggressive capacity pre-commitment at this scale across multiple frontier labs simultaneously means GPU availability and pricing will remain constrained through the end of the decade regardless of chip fabrication rates. Plan infrastructure budgets accordingly.