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The Economic Times
The Economic Times

Anthropic pursues data center leases, seeks financial backing from Google

AI firm Anthropic is planning to lease ​and manage its own ​data centers and is seeking financial backing ​from Alphabet's Google for the lease payments, The Information reported on Thursday.

Here are some details:

Anthropic, the creator of the Claude ‌Code AI ⁠assistant, has ⁠signed more than a dozen preliminary agreements to lease US ​data centers with a combined capacity of more than 1 ​GW, The Information reported, citing sources with direct knowledge of the plans.

The AI startup's executives have also discussed ​an arrangement under which backer Google, ⁠which co-designs ‌some of the server chips Anthropic could ​use ​in the facilities, would provide a financial ⁠guarantee for its lease payments, the report said.

In ​an emailed response, Google said it ​does not comment on rumors or speculation, while Anthropic did not immediately respond to Reuters' request for comment.

Strong demand for its Claude family of AI models has prompted Anthropic to sign several major ‌dealsto expand computing capacity, as it gears up for an IPO.

Earlier this month, Anthropic ​said ​it had confidentially filed ⁠for a US IPO, without disclosing the size or the terms of the offering.

Alphabet planned to invest up ​to $40 billion in Anthropic, the AI startup said in April. Anthropic last raised funds in late May, securing $65 billion at a post-money valuation of $965 billion, putting it ahead of OpenAI.

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