{
  "schema": "aic.anthropic-compute-contract-map/1",
  "checked_on": "2026-09-29",
  "status": "free_public_research_annotation",
  "published_on": "2026-09-29",
  "scope": "Selected counterparty filing and contract clauses, not Anthropic's own prospectus or a complete legal audit.",
  "sources": [
    {
      "id": "nscale-s1",
      "url": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-20260918.htm",
      "filing_date": "2026-09-18",
      "access": "Selected filing text returned through search; direct open failed.",
      "locator": "Prospectus Summary; Risk Factors, customer concentration",
      "agreement_date": "2026-08-25",
      "reported_aggregate_payments_up_to_usd_bn_approx": 44.6,
      "condition": "Specified delivery and service availability requirements",
      "annual_payment_allocation": null,
      "actual_receipts": null
    },
    {
      "id": "nscale-anthropic-order",
      "url": "https://www.sec.gov/Archives/edgar/data/2110365/000119312526395475/ck0002110365-ex10_25.htm",
      "document": "Exhibit 10.25, GPU Services Agreement",
      "provider": "Nscale GPU MCC B1.1 LLC",
      "selected_clauses": [
        { "locator": "Order 1(c)", "observation": "Financing separation into four agreements; coordinated operation required." },
        { "locator": "Order 5", "observation": "Written acceptance gates fees; adjustments apply." },
        { "locator": "Terms 5.2", "observation": "Service-suspension categories have different payment consequences." },
        { "locator": "Terms 12.18", "observation": "Direct-agreement provisions require mutual agreement." }
      ],
      "missing": ["redacted prices", "redacted thresholds and dates", "actual accepted quantities", "applicable direct agreements", "actual cash settlement"],
      "general_voluntary_research_pause_payment_waiver_established": false,
      "financing_or_default_event_established": false
    }
  ],
  "model_mapping": {
    "model": "anthropic-pause-cash-model.mjs",
    "issuer_calibrated": false,
    "dates_amounts_costs_and_hurdles": "All are independent hypothetical assumptions.",
    "cash_transfer_types": ["continuing payment", "waiver", "deferral with catch-up", "prospective holding fee", "negotiated upfront adjustment"],
    "automatic_legal_trigger_mapping": false,
    "key_boundary": "An already-existing contractual remedy is not modeled as a right the customer must buy again. Alternative negotiated prices are design comparisons only."
  }
}
