Anthropic has outlined a massive $518 billion spending plan over the next decade, building AI infrastructure and cloud partnerships. Alphabet is set to receive at least $111.1 billion, Amazon at least $110 billion, and Microsoft $31.4 billion. About 80% of the total commitments are non-cancelable or require payment regardless of usage. The details come from a confidential IPO prospectus reviewed by Reuters.
The deal network extends beyond the three cloud giants. Anthropic also has agreements with xAI and AMD, while Nvidia stands to gain up to $84.5 billion in spending across six partners. Anthropic is shifting toward building its own dedicated data centers and AI infrastructure, making these commitments among the largest AI buildout commitments on record.
In separate news, President Trump and leaders of major AI companies signed a set of voluntary safety standards described as morally binding and compared to a constitution. House Speaker Johnson called it a statement of principles. Anthropic CEO Amodei maintained that AI still carries very real risks, while Trump dismissed Democratic concerns about AI safety as a hoax.
Legislation is also advancing on the regulatory front. Rep. Ro Khanna introduced the Human Control Over AI Act, which would ban AI models capable of recursive self-improvement until safety guardrails are in place. The bill calls for a new federal agency to license and audit frontier AI developers, including OpenAI, Anthropic, and Google, with on-site independent auditors and mandatory emergency shutdown mechanisms.
Nvidia announced a record $150 billion share buyback plan, surpassing Apple's $110 billion approval from 2024. The buyback is expected to be completed within four years through cash and debt funding. Investors responded positively, with Nvidia's stock price rising significantly despite growing competition in the AI-chip market.
OpenAI attempted to invest $100 million in Hugging Face, valuing the company at $13 billion, but talks fell apart early. Nvidia had also explored acquiring Hugging Face for a similar amount. Hugging Face remains a key player in AI and machine learning despite the failed deal.
EliseAI raised $350 million led by Andreessen Horowitz and Bessemer to expand its AI automation tools for real estate and healthcare. The company's Apollo assistant automates follow-ups for property managers, while its healthcare platform serves over 3,500 organizations with chatbots handling up to 95% of inbound inquiries.
Pearson acquired Workera, an AI assessment firm that uses adaptive testing to verify workforce skills. Workera serves clients like ServiceNow, Accenture, and the US Space Force. The deal is expected to close in the second half of 2026, with Workera joining Pearson's Enterprise Learning and Skills unit.
Mizuho maintained an Outperform rating and $180 price target for Shopify despite recent stock declines tied to concerns about Meta Pay in Muse bypassing Shopify. Mizuho argues Shopify Payments still handles backend processing, potentially boosting volume. Shopify posted 34% revenue growth in Q2 2026.
Investors are also weighing AI-focused stocks, with Innodata and Nebius Group drawing comparisons. Innodata had about $252 million in revenue in FY 2025 but carries concentration risk, while Nebius surpassed $500 million in sales and is projected to reach $3.3 billion in 2026 after pivoting to AI cloud infrastructure.
Key Takeaways
- Anthropic plans $518 billion in spending over the next decade across six partners, with 80% of commitments non-cancelable.
- Alphabet is set to receive at least $111.1 billion, Amazon at least $110 billion, and Microsoft $31.4 billion from Anthropic.
- Nvidia could gain up to $84.5 billion in spending through agreements with Anthropic, xAI, and AMD.
- Trump and AI executives signed voluntary, morally binding AI safety standards described as a constitutional framework.
- Rep. Ro Khanna introduced the Human Control Over AI Act to ban self-improving AI until safety guardrails are in place.
- Nvidia announced a record $150 billion share buyback plan, exceeding Apple's 2024 $110 billion approval.
- OpenAI tried to invest $100 million in Hugging Face at a $13 billion valuation, but talks collapsed early.
- EliseAI raised $350 million to expand AI automation tools for real estate and healthcare, serving 3,500+ healthcare organizations.
- Pearson acquired Workera to bolster AI-driven skills assessment and workforce training capabilities.
- Shopify posted 34% revenue growth in Q2 2026, with Mizuho maintaining a $180 price target despite Meta Pay concerns.
Alphabet Amazon Microsoft to share Anthropic's $518 billion spending
Anthropic plans to spend $518 billion over the next decade on cloud computing and AI infrastructure. Alphabet is set to receive at least $111.1 billion, Amazon at least $110 billion, and Microsoft $31.4 billion. Alphabet is working with Anthropic on tensor processing units, while Amazon is collaborating on Project Rainier. Microsoft is integrating Claude into products like GitHub Copilot and Microsoft 365 Copilot.
Anthropic reveals $518 billion AI spending plan over next decade
Anthropic disclosed a plan to spend $518 billion over the next decade on AI infrastructure. The company expects to spend at least $111.1 billion with Alphabet, $110 billion with Amazon, and $31.4 billion with Microsoft. About 80% of the spending is non-cancelable or requires payment regardless of usage. The commitments are detailed in a confidential IPO prospectus seen by Reuters.
Anthropic spending plan includes non-cancelable deals with six partners
Anthropic's $518 billion spending plan over a decade involves six partners and ranks among the largest AI buildout commitments on record. The company said about 80% of the sum is non-cancelable. Anthropic also has agreements with xAI and AMD that could result in up to $84.5 billion of spending for Nvidia. The company is shifting toward building its own AI infrastructure and dedicated data centers.
Trump and AI executives sign voluntary safety standards
President Trump and leaders of major artificial intelligence companies signed a set of voluntary safety standards. The agreement was described as morally binding and compared to a constitution. House Speaker Johnson called it a statement of principles and voluntary commitments. Anthropic CEO Amodei said he still considers AI to have very real risks.
Trump says tech CEOs signed morally binding AI self-regulation document
President Trump said tech CEOs signed a morally binding document to self-regulate AI, comparing it to a constitution. He mentioned a committee to manage AI development but did not clarify if it differs from a task force announced last week. House Speaker Johnson said the agreement was voluntary. Amodei continued to warn about very real risks while Trump called Democratic concerns about AI safety a hoax.
Mizuho sees Shopify AI growth despite Meta Pay concerns
Mizuho kept an Outperform rating and $180 price target for Shopify after a stock drop. The drop happened over fears that Meta Pay in Muse could bypass Shopify. Mizuho says Shopify Payments still handles the backend processing, so Muse may actually boost volume. Shopify posted 34 percent revenue growth in Q2 2026 and expects strong results to continue.
Pearson buys AI assessment firm Workera to boost skills training
Pearson acquired Workera, a company that uses AI to test and verify workforce skills. Workera uses adaptive assessments and simulations to measure job readiness. It serves major clients like ServiceNow, Accenture, and the US Space Force. The deal is expected to close in the second half of 2026, and Workera will join Pearson's Enterprise Learning and Skills unit.
Guide to local AI hardware from Arduino to RTX 4090 GPUs
This guide explains how to run AI models locally using different hardware. It covers small devices like Arduino R4 Uno and Raspberry Pi 5 for light tasks. It also covers powerful options like RTX 4090 and 8x H100 GPUs for heavy workloads. The article helps users match AI model size to the right device based on power, memory, and bandwidth.
Innodata vs Nebius: Which AI stock is a better buy in 2026
Investors compare Innodata and Nebius Group as AI-focused stocks. Innodata focuses on data engineering and had about $252 million in revenue in FY 2025, but relies heavily on one major customer. Nebius provides AI cloud infrastructure and grew past $500 million in sales after pivoting to AI. Nebius is projected to reach $3.3 billion in sales in 2026, while Innodata has a stronger gross margin but more concentration risk.
OpenAI tried to invest $100 million in Hugging Face
OpenAI tried to invest $100 million in Hugging Face, but the talks fell apart early. The deal would have valued Hugging Face at $13 billion. Nvidia had also been in talks to buy the company for a similar amount. Hugging Face remains an important company in AI and machine learning despite the failed investment.
Nvidia announces record $150 billion share buyback plan
Nvidia has announced a record-breaking $150 billion share buyback plan to boost its stock performance. This exceeds Apple's $110 billion approval in 2024, making it the largest buyback in Nvidia's history. The company faces growing competition in the AI-chip market, which has put pressure on its stock. The buyback is expected to be completed within four years through cash and debt funding. Investors view the move positively, leading to a significant rise in Nvidia's stock price.
EliseAI raises $350 million to expand AI automation tools
EliseAI, a startup building AI tools for real estate and healthcare, raised $350 million in funding led by Andreessen Horowitz and Bessemer. The company offers a customer relationship management platform for property managers and a Maintenance App that routes repair requests to technicians. Its new AI assistant called Apollo automates follow-ups and information retrieval for property management. EliseAI's healthcare platform serves over 3,500 organizations with chatbots that schedule appointments and process up to 95% of inbound inquiries. The company plans to use the funding to expand features and hire more engineers and salespeople.
Democrat proposes ban on self-improving AI pending safety rules
Rep. Ro Khanna, a California Democrat, introduced the Human Control Over AI Act to ban AI models that can recursively self-improve until safety guardrails are in place. The bill would create a new federal agency to license, audit, and regulate frontier AI developers like OpenAI, Anthropic, and Google. It requires on-site independent auditors at each frontier lab and mandates testing environments, emergency shutdown mechanisms, and containment safeguards. The legislation also proposes criminal penalties for releasing AI systems that cause mass civilian harm and requires AI companies to carry liability insurance. Khanna said the bill was shaped by conversations with AI safety organizations rather than major AI company executives.
Sources
- Anthropic Just Revealed a $518 Billion AI Spending Plan. Here Are the Stocks That Could Win.
- Anthropic's $518 billion AI buildout hinges largely on deals that cannot be canceled, filing shows
- Anthropic Just Revealed a $518 Billion AI Spending Plan. Here Are the Stocks That Could Win.
- Trump and major AI executives sign "morally binding" voluntary controls: "It's almost like a constitution"
- Trump says tech CEOs signed 'morally binding' document to self-regulate AI
- Is Shopify (SHOP)’s AI Opportunity Bigger Than it Looks?
- Pearson Acquires Workera, a Pioneer in AI-Native Enterprise Assessment and Skills Verification
- Scale Local AI from Arduino R4 Uno Chips to 8X H100 Setups
- Innodata vs. Nebius Group N.V.: Which AI Stock Is a Better Buy in 2026?
- OpenAI tried to invest $100 million in Hugging Face
- Nvidia sets biggest-ever buyback plan as AI chip competition weighs on stock performance
- EliseAI raises $350M to enhance its AI work automation suite
- A Democrat wants to ban self-improving AI until the U.S. creates safety guardrails
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