Volta Infra, an AI infrastructure startup backed by Nvidia, has reportedly agreed to supply $10 billion in computing capacity to Anthropic over six years, using Nvidia's newest Vera Rubin chips at a Bitdeer-operated data center in Norway. Neither Anthropic nor Volta has confirmed the customer's identity.
Volta Infra and Bitcoin miner Bitdeer Technologies have reportedly agreed to provide $10 billion in computing capacity to Anthropic over a six-year term. The contract gives the Claude developer access to a data center in Norway operated by Bitdeer, according to Bloomberg, which cited people familiar with the matter. The facility will provide 133 megawatts of capacity and is expected to use Nvidia's newest Vera Rubin chips.
Customer identity still unconfirmed
The company announced the agreement Tuesday but did not name the customer, describing it only as a leading AI developer. Reuters said it could not independently verify that Anthropic was the unnamed company, and Anthropic declined to comment.
Volta and Bitdeer have not publicly confirmed the customer's identity either. Still, Bitdeer shares rose nearly 10% in premarket trading following reports of the agreement.
The deal would mark Anthropic's latest move to secure computing capacity as adoption grows among developers, businesses and consumers. The company has signed infrastructure and computing agreements with SpaceX, AMD, Microsoft, Nvidia, Alphabet and Amazon, and it raised $65 billion earlier this year to fund its expansion. Anthropic is reportedly considering an initial public offering as soon as this year.
Bitdeer converts mining capacity to AI cloud
Bitdeer has been converting parts of its energy and data center portfolio from crypto mining to AI cloud services and colocation. Its June operational update confirmed it had executed a lease for its Tydal site in Norway, subject to certain conditions, and the company is also evaluating or developing AI conversions at sites in Texas, Tennessee and Washington. Bitdeer reported approximately $76 million in annual recurring AI cloud revenue in June, with its deployed GPUs running at a 95% utilization rate.
Nvidia backs Volta's $2.4 billion valuation
Volta was founded in January by former Brookfield Asset Management executives and helps AI companies lease computing capacity and finance chip purchases. The startup raised $300 million across seed and Series A financing at a $2.4 billion valuation, with investors including Azora, Andreessen Horowitz, Altimeter and Nvidia.
It also launched a separate $5 billion infrastructure program with Azora to finance additional AI data centers. The Norway facility is the first project in a pipeline that covers more than one gigawatt of planned capacity across Europe and North America.
Source: Crypto Briefing
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