Anthropic buys $3.4 billion of Caterpillar gas turbines
Original title: Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines
The generators can produce up to 1.7 gigawatts; Anthropic also pays xAI $1.25 billion a month for compute.
According to a Financial Times report, Anthropic is spending $3.4 billion on Caterpillar natural gas generators originally ordered by OnePWR, which could not secure financing. Anthropic bought directly from Caterpillar rather than through OnePWR. The company has preferred renting compute, including a disclosed payment to xAI, as turbine and grid queues stretch into the early 2030s.
Unconfirmed: Purchase and financing details come from a Financial Times report; why OnePWR failed to get financing is unclear.
- The generators can produce up to 1.7 gigawatts of electricity.
- Anthropic pays SpaceX subsidiary xAI $1.25 billion monthly through May 2029.
- OnePWR ordered the turbines years earlier but could not complete financing.
- Google, Amazon, Microsoft, and Meta have also planned on-site gas plants.
- Vendors
- Caterpillar
From the original article
2 min read at techcrunch.com
Anthropic bought billions of dollars worth of natural gas turbines in a deal that could give it buyer's remorse.
By Tim De Chant · techcrunch.com
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