Anthropic spends $3.4B on natural gas turbines amid AI power crunch
anthropic buys $3.4 billion worth of natural gas turbines to secure power for its ai operations, a departure from its usual practice of renting computing power. this move highlights the growing uncertainty in the power market for ai companies.
anthropic, an ai company planning to go public this year, is buying $3.4 billion worth of natural gas turbines from caterpillar. the generators, originally ordered by equipment supplier onepwr, can produce up to 1.7 gigawatts of electricity. this purchase marks a departure from anthropic's usual practice of renting computing power, including a $1.25 billion per month deal with spacex subsidiary xai. the move highlights the growing demand for power among ai companies and the uncertainty in the market, with the backlog for natural gas turbines stretching into the early 2030s.