Anthropic Signs $10B, Six-Year Compute Deal With Nvidia-Backed Volta For Norway Data Center
In Brief
Anthropic signs $10B, 6-year compute deal with Volta for 133MW Norway data center using Nvidia Vera Rubin chips, backed by J.P. Morgan credit.
Anthropic has signed a $10 billion, six-year contract with Volta Infra Holdings, a cloud infrastructure startup backed by Nvidia that was founded only months ago, to secure computing capacity for its artificial intelligence products, according to people familiar with the matter. The agreement marks one of the largest infrastructure commitments by an AI developer as demand for large language model inference and training continues to surge.
While the end-user was not officially named in corporate disclosures, Bloomberg identified Anthropic as the unnamed leading AI lab behind the arrangement. The deal spans multiple layers of infrastructure, linking Volta with data center operator Bitdeer Technologies, a Bitcoin mining and data center firm that will manage the physical facility. Following the announcement, Bitdeer’s shares rose 14%.
Bitdeer detailed a 16-year colocation lease with Volta worth approximately $4.7 billion in initial contracted revenue, with an eight-year extension option that could raise the total contract value to $8 billion over 24 years. The agreement guarantees a purpose-built facility running on 100% renewable hydropower. Financial obligations are supported by a $1.3 billion credit backstop anticipated to be arranged by J.P. Morgan and another major global financial institution. Volta separately announced that it raised $300 million in venture funding at a $2.4 billion valuation.
Facility Design, Hardware, and Deployment Timeline
The data center will be located in Tydal, Norway, and is slated to become one of the country’s largest and most efficient AI facilities upon completion. It will offer 133 megawatts of gross capacity to support a 121-megawatt IT load configured entirely for Anthropic. The infrastructure will feature hardware supplied by Dell Technologies and will be equipped with Nvidia’s newest Vera Rubin chips.
Delivery is scheduled in two equal phases, with target commencement dates of December 31, 2026, and March 31, 2027. The project underscores the intensifying race among AI labs to lock down dedicated compute resources, as training and inference requirements for advanced models continue to grow.
By securing long-term capacity through a vertically structured arrangement spanning real estate, hardware procurement, and cloud services, Anthropic aims to ensure supply continuity for its Claude product line while diversifying its infrastructure footprint into Northern Europe’s renewable energy grid. The structure also reflects growing investor and regulatory expectations that large-scale AI infrastructure be supported by sustainable power sources and robust financial guarantees, signaling that the competition for sovereign-scale compute is extending beyond traditional cloud providers to specialized infrastructure ventures.
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About The Author
Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
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Alisa, a dedicated journalist at the MPost, specializes in crypto, AI, investments, and the expansive realm of Web3. With a keen eye for emerging trends and technologies, she delivers comprehensive coverage to inform and engage readers in the ever-evolving landscape of digital finance.
