Anthropic inks $10 billion computing deal with new cloud startup Volta Infra
Anthropic has secured ten billion dollars in computing capacity from Volta Infra Holdings. This deal aims to meet the growing demand for Anthropic's artificial intelligence products. Volta Infra Holdings is an infrastructure startup backed by Nvidia. The agreement spans six years and involves a data center in Norway. This move highlights the significant investment required for AI development and…
Anthropic, an AI developer, has secured a $10 billion deal for computing capacity from Volta Infra, a cloud startup backed by Nvidia, according to sources. The agreement, which runs for six years, will see Volta manage a data center in Norway equipped with Nvidia's latest Vera Rubin chips. Anthropic has been actively securing computing resources to meet the growing demand for its products, with previous agreements including clients such as SpaceX, AMD, and Akamai.
The startup recently raised $65 billion in a funding round and is considering going public. Volta, founded by former Brookfield Asset Management executives, secured $300 million in venture funding, bringing its valuation to $2.4 billion. The company plans to convert some of its Bitcoin mining data centers to support AI applications as Bitcoin prices fall.
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- Anthropic signs $10B deal with AI cloud startup Volta techcrunch.com
- AI cloud startup Volta raised $300M co-led by a16z and Altimeter at a $2.4B valuation and says it landed a $10B contract with an unnamed leading AI developer (Dina Bass/Bloomberg) bloomberg.com
- AI cloud startup Volta valued at $2.4 billion, announces $10 billion AI partnership channelnewsasia.com
