The Daily Journal.- Anthropic has secured a $10 billion deal to expand its computing capacity with Volta Infra Holdings Ltd., an infrastructure startup founded just seven months ago with backing from Nvidia Corp.
According to Bloomberg, the move forms part of the expansion strategy pursued by the company behind Claude as it seeks to secure the infrastructure needed to meet growing AI demand.
The six-year contract covers a 133-megawatt data center in Tydal, Norway, which Bitdeer Technologies Group, a bitcoin mining company that is converting its facilities for AI workloads, operates.
The facility will run on Nvidia’s new Vera Rubin chips, and the companies will deliver the capacity in two phases through March 2027. Former Brookfield Asset Management executives founded Volta, which previously raised $300 million in a funding round led by Andreessen Horowitz that valued the company at $2.4 billion.
Betting on dedicated infrastructure
The agreement between Anthropic and Volta Infra adds to other deals the AI company has reached with technology giants such as Amazon, Google Cloud and AMD.
Anthropic’s decision to choose a startup only a few months old as a key partner highlights the limited computing capacity available in the global market. Major companies such as Microsoft, Google and Amazon have secured much of the available data center capacity. Their actions have opened opportunities for new players such as Volta to secure multimillion-dollar contracts.
Prediction markets
Bloomberg reported that prediction markets reacted optimistically to Anthropic’s announcement. Polymarket data showed an 88.5% probability that the valuation of the company behind Claude will reach $1.25 trillion by the end of the year. Meanwhile, other contracts assign an 88% probability that its valuation will exceed $1 trillion in December.
This confidence contrasts with doubts surrounding the structure of the Volta deal, whose partner remained undisclosed until Bloomberg revealed Volta’s name. According to specialists, these types of agreements reflect a trend that shows where major investments by large Western corporations are heading.
With information from Bloomberg
