Anthropic signs $10 billion compute deal with Nvidia-backed cloud startup Volta

Anthropic, the company behind the Claude chatbot, has reportedly signed a $10 billion computing deal with Volta Infra Holdings, a cloud infrastructure startup founded just months ago and backed by Nvidia. The six-year agreement was first reported by Bloomberg on August 4, citing people familiar with the matter, and marks the latest step in Anthropic's race to secure enough compute to keep up with demand for its AI models. The story is confirmed by [The Decoder](https://the-decoder.com/anthropic-locks-in-10-billion-of-compute-from-volta-a-cloud-startup-that-didnt-exist-six-months-ago/), which notes that Anthropic has multiplied its compute partnerships in recent months.

The data center at the heart of the contract is in Tydal, Norway, operated by Volta in partnership with Bitdeer Technologies Group, a company known for Bitcoin mining that is converting part of its facilities to AI. Capacity is around 133 megawatts (121 MW IT), powered by Nvidia's latest-generation Vera Rubin chips. The site, largely fed by hydropower, represents Anthropic's first dedicated AI compute deployment in Europe. Neither Anthropic nor Bitdeer has officially commented: Volta CEO Ricard Boada declined to name the customer, and the identification of Anthropic as the counterparty rests on Bloomberg's sources, as [The Decoder](https://the-decoder.com/anthropic-locks-in-10-billion-of-compute-from-volta-a-cloud-startup-that-didnt-exist-six-months-ago/) reconstructs.

Volta, founded in January 2026 by former Brookfield Asset Management executives Ricard Boada and Sofia Gumuzio, came out of stealth this week presenting itself as a "vertically integrated" AI infrastructure platform: institutional capital, powered land, data centers, compute, software and operations under one roof, with a pipeline of 1 GW of near-term capacity across North America and Europe and a 5 GW target by 2030 ([Data Center Dynamics](https://www.datacenterdynamics.com/en/news/volta-launches-out-of-stealth-to-lease-capacity-in-norway-from-bitdeer-for-leading-ai-lab/)). "Compute has become a new infrastructure asset class," Boada said. Alongside the deal, the startup raised $300 million at a $2.4 billion valuation, with a Series A led by Azora, Andreessen Horowitz, Altimeter and Nvidia — joined by Michael Dell's family office and Matter Venture Partners — and secured $5 billion in financing from Azora.

Bitdeer said it signed a 16-year colocation and services agreement with Volta Tydal AS, a Volta subsidiary, for 121 MW IT at the Tydal campus: around $4.7 billion in contracted revenue over the base term, up to about $8 billion over 24 years with an 8-year renewal option. Delivery will happen in two phases, by December 2026 and March 2027, and the site will be fully configured with Nvidia GPUs powered by carbon-free energy ([TNGlobal](https://technode.global/2026/08/05/singapores-bitdeer-signs-4-7b-norway-data-center-deal-with-ai-infrastructure-startup-volta/)).

The deal is part of an aggressive push by Anthropic to diversify its compute capacity: in recent months it struck agreements with SpaceX (access to the Colossus data centers), Amazon (up to 5 GW and more than $100 billion in committed spending on AWS), Google/Broadcom (multi-gigawatt TPU capacity), AMD and Microsoft/Nvidia. Anthropic raised $65 billion in an earlier funding round, is weighing an IPO and has reached an annualized revenue run rate in the tens of billions of dollars, driven by enterprise adoption of Claude. Critics warn about the tangled dependencies between chip suppliers and AI developers: if demand falls short of expectations, losses could amplify across the whole chain, as [The Decoder](https://the-decoder.com/anthropic-locks-in-10-billion-of-compute-from-volta-a-cloud-startup-that-didnt-exist-six-months-ago/) notes.

Sources

• [The Decoder — Anthropic locks in $10 billion of compute from Volta](https://the-decoder.com/anthropic-locks-in-10-billion-of-compute-from-volta-a-cloud-startup-that-didnt-exist-six-months-ago/)
• [Data Center Dynamics — Volta launches out of stealth, to lease capacity in Norway from Bitdeer](https://www.datacenterdynamics.com/en/news/volta-launches-out-of-stealth-to-lease-capacity-in-norway-from-bitdeer-for-leading-ai-lab/)
• [TNGlobal — Bitdeer signs $4.7B Norway data center deal with Volta](https://technode.global/2026/08/05/singapores-bitdeer-signs-4-7b-norway-data-center-deal-with-ai-infrastructure-startup-volta/)