[Anthropic: May Issue Convertible Notes Up to $42 Billion] BlockBeats reported on October 26 that Anthropic may issue convertible notes totaling up to $42 billion. Previously, Anthropic warned that it may need to seek additional financing sooner than currently anticipated. The company expects to pay Google up to approximately $114.5 billion by 2033 and approximately $161.2 billion in rent (excluding interest) over the lease term under its lease arrangement with Broadcom. Anthropic stated that computing and infrastructure costs are expected to continue to increase in absolute terms and will become the company's largest operating expense for the foreseeable future. The company believes that its current available cash and cash equivalents are sufficient to meet working capital and other needs for at least the next 12 months.