Anthropic S-1: it spent just $482M on capex in H1 2026, leasing most of its compute, and its capex is almost entirely outsourced via $782B in lease obligations (Tim Culpan/Culpium)

Tim Culpan / Culpium: Anthropic S-1: it spent just $482M on capex in H1 2026, leasing most of its compute, and its capex is almost entirely outsourced via $782B in lease obligations — What you need to know: Lease obligations pass $780 billion. Revenue per employee $6.6 million — Good Evening from Taipei,

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