Anthropic just locked in $10 billion worth of computing capacity from a startup that didn’t exist 18 months ago. Let that sink in for a moment.
The Claude-maker’s six-year deal with Volta Infra Holdings, announced on August 4, secures between 121 and 133 megawatts of power from a facility in Tydal, Norway, operated by Bitdeer. That translates to roughly $1.7 billion in annual expenditure for Anthropic.
A startup built for speed
Volta Infra Holdings was founded in January 2026 by former executives from Brookfield Asset Management. In about seven months, the company has raised $300 million at a $2.4 billion valuation, secured $5 billion in financing capacity from Azora, and landed one of the largest computing deals in AI history.
The company operates as what the industry calls a “neocloud” intermediary: Volta doesn’t own the GPUs or the data centers. Instead, it finances and brokers computing capacity, acting as the connective tissue between power-hungry AI labs and the physical infrastructure they desperately need.
