Anthropic reportedly signs $10B cloud deal with startup Volta

Anthropic has been on a cloud partnership spree in recent months, and its latest move is reportedly a $10 billion deal with AI cloud startup Volta. Bloomberg originally reported that Volta, founded earlier this year, will provide cloud compute to the Claude maker over a six-year period, citing anonymous sources familiar with the deal. TechCrunch reached out to Anthropic for more information.

Volta has a partner in the deal, Bitdeer, a crypto-mining company that will help develop the data center providing the compute capacity. The facility will be located in Norway and will deliver 133 megawatts of capacity, fueled by Nvidia’s Vera Rubin systems, the chipmaker’s state-of-the-art AI chip architecture. Volta is part of Nvidia’s Cloud Partner program, a consortium of AI cloud providers that use Nvidia GPUs in their data centers.

Volta had previously spoken about a deal with an AI lab but had not named the specific company it was working with.

Anthropic has sought to aggressively expand its compute capacity over the last several months as it competes with rivals. The company has also recently announced new compute deals with SpaceX and Amazon.

Why it matters

A reported $10 billion, six-year commitment to a startup founded this year shows how aggressively frontier AI labs are locking in long-term compute supply — and how quickly newer entrants like Volta and Bitdeer are being pulled into the infrastructure race alongside established cloud providers.