Comment by HarHarVeryFunny

Could have (past tense). They now have rented the capacity out, presumably with a multi-year contract.

A rental deal, even at a premium price, actually makes great sense for Anthropic. Rather than building themselves, they are de-risked by renting instead, and they don't own the depreciating asset. They've also compute-starved X.ai as a potential competitor as a marginal added bonus.