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Podcast

Krishna Rao - Anthropic's CFO on Compute, Scaling to $30B ARR, and the Returns to Frontier Intelligence - [Invest Like the Best, EP.472]

Invest Like the Best with Patrick O'Shaughnessy

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  • Compute Is The Company’s Canvas
    • Compute is the lifeblood and strategic canvas of Anthropic’s business.
    • Krishna Rao spends 30–40% of his time on compute decisions because buying too much or too little has existential consequences and requires long lead planning. (Time 0:03:53)
  • Three Chip Platforms Used Fungibly
    • Anthropic uses three chip platforms fungibly across workloads: Amazon Trainium, Google’s TPUs, and NVIDIA GPUs.
    • They built compilers and an orchestration layer over years to run those heterogeneous chips interchangeably and squeeze more ROI from each dollar of compute. (Time 0:05:14)
  • Plan Compute Around A Cone Of Uncertainty
    • Anthropic plans compute around a cone of uncertainty to prepare for exponential outcomes over 1–2 years.
    • They work backwards from top-end scenarios and build flexibility into contracts and usage to range toward higher outcomes while managing risk. (Time 0:07:38)