AI cloud start-up Volta valued at $2.4bn, inks $10bn Anthropic deal
The company has secured a deal to provide Anthropic with computing capacity for six years, according to a Bloomberg report. 4bn, inks $10bn Anthropic deal
AI cloud start-up Volta has been valued at $2.4bn and has secured a $10bn strategic partnership with AI lab Anthropic, according to Bloomberg. Volta Infra, founded earlier this year by Ricard Boada and Sofia Gumuzio, aims to provide AI labs and start-ups with key infrastructure by developing, financing, building, and operating AI factories.
The company announced a deal with asset company Azora for $5bn of financing for its AI factories and plans to build sites in Norway, Texas, and Wyoming, with the first site in Norway expected to have a capacity of 133MW powered by Nvidia Vera Rubin systems. The unnamed AI lab involved in the $10bn Norway site deal is reported to be Anthropic, with the company having recently secured partnerships with AMD, Broadcom, and Amazon to boost its AI capacity.
Brief written by urgent.news from Silicon Republic's own syndicated text. Machine-written — it may contain errors, so check the original before relying on it.
