Anthropic signs massive cloud deal backed by Nvidia as AI compute race intensifies

Anthropic is on an infrastructure spending spree that would make a sovereign wealth fund blush. The AI company behind Claude has locked in compute commitments that collectively run into the hundreds of billions of dollars. This latest agreement fits into a broader strategy that has seen Anthropic ink deal after deal for computing power at a pace that’s hard to keep up with. The company recently signed a $45 billion, six-year compute rental agreement with Nscale, a deal that will tap into Nvidia’s next-generation Vera Rubin chip architecture. That Nscale contract alone is designed to deliver up to 460 megawatts of power capacity. There’s a separate $10 billion computing agreement with Volta Infra Holdings, a company backed by Nvidia, for a cloud facility in Norway. And in November 2025, Anthropic committed $30 billion to Microsoft Azure in a partnership that also involved Nvidia’s investment and collaboration on advanced computing systems. Following the money In June 2026, Anthropic secured a $35 billion funding tranche under what it calls the AI XPV Platform, co-led by Apollo and Blackstone. That capital is specifically earmarked for infrastructure expansion exceeding 1 gigawatt of...