Anthropic spends $3.4 billion on natural gas turbines for AI power
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Anthropic, planning an IPO this year, is buying Caterpillar generators from a OnePWR order for $3.4 billion, with capacity up to 1.7 gigawatts, the Financial Times reported. The move follows heavy spending to rent compute, including $1.25 billion a month to xAI through May 2029, as turbine backlogs run into the early 2030s.
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