Anthropic just committed to spending $10 billion on computing power over six years. The money flows to Volta Infra, an AI infrastructure startup, and Bitdeer Technologies, a Bitcoin mining company that's now pivoting hard into AI. The setup gives Claude's maker access to 133 megawatts at a Bitdeer data center in Norway, equipped with Nvidia's latest Vera Rubin chips.
Volta announced the deal Tuesday without naming the customer, calling it only a "leading AI developer." Bloomberg reported Anthropic was the buyer. Neither Anthropic nor Volta has confirmed. Bitdeer's stock jumped nearly 10% on the news in premarket trading.
Why miners are becoming AI landlords
The deal reveals something quietly reshaping infrastructure across both industries. Bitcoin mining and large-scale AI need the same things: mountains of electricity, industrial cooling, and real estate with fiber connections. Bitdeer is converting mining sites to AI cloud services. Its Tydal facility in Norway is the first big play. The company is also testing conversions in Texas, Tennessee and Washington. By June, Bitdeer reported $76 million in annual recurring AI cloud revenue, with GPUs running at 95% utilization.
For Anthropic, this is one link in a longer chain. The company has already signed deals with SpaceX, AMD, Microsoft, Nvidia, Alphabet and Amazon to secure capacity. Anthropic raised $65 billion earlier this year and is considering an IPO as soon as 2026. Each new agreement chips away at the bottleneck that's strangling every large AI lab right now: access to chips and power.
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