The start-up has secured a deal to provide Anthropic with computing capacity for six years, according to a Bloomberg report.

Volta Infra, a new AI infrastructure start-up, has emerged from stealth with a valuation of $2.4bn after completing a seed funding round and Series A round led by Azora, Andreessen Horowitz, Altimeter and Nvidia.

The rounds also saw participation from strategic investors including the family office of Michael Dell and Matter Venture Partners.

Volta, founded earlier this year by Ricard Boada and Sofia Gumuzio, aims to help top AI labs and start-ups access key infrastructure. The company develops, finances, builds and operates AI factories by integrating “institutional capital, powered land, data centres, compute, software and operations under a single platform”.

The months-old start-up raised $300m in venture funding according to Bloomberg, while the company also announced a deal with asset company Azora to provide $5bn of financing for the “next generation of AI factories” developed by Volta.