Anthropic spends $3.4 billion to buy Caterpillar gas turbines
Anthropic spent $3.4 billion to purchase Caterpillar gas turbines capable of generating up to 1.7 GW of power, abandoning its previous strategy of renting computing power. According to the Financial Times, these units were originally ordered by supplier OnePWR but remained unpaid due to failed financing. The company's S-1 filing revealed that it had previously rented xAI computing power at a cost of $1.25 billion per month until May 2029.
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