Anthropic signs $10 billion deal with AI cloud startup Volta

← Back to the feed

Anthropic signs $10 billion deal with AI cloud startup Volta

TechCrunch · 2 hours ago

Anthropic has entered into a $10 billion compute partnership with Volta, an AI cloud provider founded earlier this year, to be fulfilled over a six-year period. The arrangement involves construction of a Norwegian data centre with 133 megawatts of capacity, developed jointly by Volta and cryptocurrency mining company Bitdeer, and will utilise Nvidia's Vera Rubin AI processors.

The deal reflects Anthropic's recent effort to aggressively expand its computational infrastructure as competition intensifies within the AI industry. This announcement follows recent similar arrangements with Amazon and SpaceX, signalling the company's strategy to secure sufficient resources for continued development and scaling of its Claude platform.

  • Anthropic secured a $10 billion, six-year compute agreement with Volta, a newly formed AI cloud startup
  • The partnership will operate a 133-megawatt data center in Norway using Nvidia's latest chip architecture
  • Part of Anthropic's broader infrastructure expansion strategy amid competition for AI resources

AI Art Business Celebrity Companies Culture Entertainment Technology

Read the full article at the source →