Anthropic CEO says 80-fold growth in first quarter explains 'difficulties with compute'

At Anthropic's developer conference in San Francisco, CEO Dario Amodei said the company is 'working as quickly as possible' to provide additional compute.

AI Summary

Anthropic CEO Dario Amodei revealed that the company experienced 80-fold growth in revenue and usage during the first quarter on an annualized basis, far exceeding their planned 10-fold growth projection, which has strained their computing capacity. To address the compute shortage, Anthropic signed a deal with a company to access over 300 megawatts of capacity at a data center in Memphis, Tennessee, and is working to expand infrastructure through additional compute agreements. Amodei attributed the explosive growth to the popularity of Claude AI models, particularly Claude Code for software development, and said the company is working as quickly as possible to provide users with additional computing capacity.

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