Anthropic signs $10B deal with AI cloud startup Volta
Quick Answer
Anthropic has signed a $10 billion deal with AI cloud startup Volta to enhance its compute capacity over six years.
Quick Take
Volta, in partnership with Bitdeer, will develop a data center in Norway with a 133 megawatt capacity powered by Nvidia's Vera Rubin AI chips.
Key Points
- Volta will provide cloud compute services to Anthropic for six years.
- The data center in Norway will have a capacity of 133 megawatts.
- Bitdeer, a crypto-mining company, is partnering with Volta on this project.
- Volta is part of Nvidia’s Cloud Partner program, utilizing their GPUs.
- Anthropic is expanding its compute capacity amid competition with other AI firms.
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Anthropic has been on a cloud partnership spree in recent months, and its latest move is reportedly a $10 billion deal with AI cloud startup Volta.
Bloomberg originally reported that Volta, founded earlier this year, will provide cloud compute to the Claude maker over a six-year period.
Volta has a partner in this deal, Bitdeer, a crypto-mining company that will help develop the data center to provide the compute capacity. That facility will be located in Norway and will deliver a 133 megawatt capacity. It will be fueled by Nvidia’s Vera Rubin systems, the chipmaker’s state-of-the-art AI chip architecture.
Volta is part of Nvidia’s Cloud Partner program, which is a consortium of AI cloud providers that use Nvidia’s GPUs in their data centers.
Volta had spoken about a deal with an AI lab but hadn’t named the specific company it was working with. Bloomberg originally cited anonymous sources familiar with the deal. TechCrunch reached out to Anthropic for more information.
Anthropic has sought to aggressively expand its compute capacity over the last several months as it wages a corporate battle with its competitors. The company also recently announced new compute deals with the likes of SpaceX and Amazon.
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