Rohan Paul

FT: Goldman Sachs now reckons Democratic control of the 5 leading data centre states could affect 45% of planned US expansion, only a month after it said political opposition had left its growth outlook through 2027 largely unchanged. Anthropic’s amended IPO filing puts its compute and infrastructure commitments at about $895.4B, including about $447.5B expected before the end of 2030, a total the original October filing left blank. Roughly $451B of that sits in signed leases that haven’t commenced, so a construction freeze could hold up capacity Anthropic has already contracted rather than simply protect what it holds. Goldman and Visible Alpha estimate hyperscaler capex climbing from about $0.46T in 2025 to about $0.92T in 2026, then about $1.5T in 2027 and about $1.75T by 2030, across Alphabet, Apple, Amazon, Meta, Microsoft, Oracle, SpaceX and CoreWeave.