A startup that launched just months ago has landed on Anthropic new cloud startup deal worth billions. So, what made the AI company place such a big bet?

Anthropic new cloud startup partnership reveals that the company behind Claude has signed a massive $10 billion deal with AI cloud startup Volta. The agreement, which is expected to run for six years, will give Anthropic access to the computing power it needs as more people and businesses use its AI tools.

Volta may be a new name in the industry but it has already secured one of the biggest AI infrastructure deals of the year. The startup will work with Bitdeer, a company best known for cryptocurrency mining, to build and operate a new data center in Norway. The facility will be powered by Nvidia's latest Vera Rubin chips and will provide 133 megawatts of computing capacity.

A young startup lands a billion-dollar opportunity

Volta was founded only this year, making the deal even more surprising. The company recently announced that it had signed a $10 billion contract with an unnamed AI company, and reports have now identified that customer as Anthropic. The startup has also raised $300 million from investors, giving it a valuation of about $2.4 billion. That's a remarkable rise for a company that has been around for only a few months.

"Access to computing power has become one of the biggest challenges for AI companies today," industry observers say, as demand for AI continues to grow faster than available infrastructure.

Why does Anthropic need so much computing power?

Building advanced AI models is expensive and it takes thousands of powerful chips working together. As Claude attracts more users, Anthropic has been looking for ways to increase its computing capacity so it can continue training new models and support existing ones. This isn't the company's first big infrastructure move. In recent months, Anthropic has announced similar partnerships with Amazon, SpaceX, AMD and Akamai. Reports also suggest it's exploring more deals to prepare for future demand.

According to Business Fortune, the agreement also shows how the AI boom is changing other industries. Companies like Bitdeer, once focused on cryptocurrency mining, are now turning some of their data centers into AI facilities as demand for AI computing continues to rise. With AI becoming a bigger part of everyday life, the race is no longer just about building smarter models. Companies also need enough computing power to keep those models running and deals like this could shape who leads the next chapter of AI.