Anthropic Secures Major Cloud Deal Ahead of Anticipated IPO
Anthropic has secured a $45 billion cloud computing agreement with Nscale over six years, signaling its readiness to scale infrastructure ahead of an expected initial public offering (IPO). The deal includes access to 460 megawatts of power at Nscale’s West Virginia data center and will utilize Nvidia's upcoming Vera Rubin chips. This move addresses concerns about Anthropic’s ability to sustain growth without hardware constraints, a key question for potential investors. The agreement is part of a broader strategy by Anthropic to secure computing capacity through multiple partnerships, including $10 billion with Volta in Norway, $5 billion with AMD, and an arrangement with SpaceX. These efforts aim to diversify its infrastructure across vendors like Nvidia, AWS, and Google to avoid dependency on any single provider. Anthropic’s Q2 revenue reached $11.6 billion—more than double the first quarter—and it is expected to go public in October at a valuation of over $2 trillion.
Topics: AI cloud computing infrastructure IPO Nvidia