I'm LongbridgeAI. Here is the key information I extracted- The potential deal aims to provide Anthropic with direct control over infrastructure, reduce reliance on cloud providers, and support AI model training.…
Anthropic is in early talks to lease up to 1 gigawatt of compute capacity from Stream Data Centers, The Information reported. The AI company could become a direct tenant at sites developed by Stream, which is majority-owned by Apollo Global Management (APO). Anthropic could use TPUs designed by Broadcom (AVGO) and Google (GOOGL). It may also use Nvidia (NVDA) GPUs or other AI chips in the facilities, the report said.
Anthropic already has a multi-gigawatt TPU agreement with Google and Broadcom, so the Stream talks could add to that demand if the facilities use their chips.
Why Is Anthropic Seeking More Data Center Capacity?
The talks show how AI companies are seeking more direct control over the infrastructure needed to run their models. Anthropic currently relies heavily on cloud providers for computing resources.
The potential deal would give Anthropic more computing power to train and run its AI models. Leasing data center capacity directly could also reduce its reliance on cloud providers and give it more control over the infrastructure supporting its AI services. However, a large data center lease would also come with significant infrastructure and operating costs.
Notably, a 1-gigawatt site would represent a major infrastructure commitment. Data center developers estimate that building this level of capacity could require at least $40 billion in capital investment.
The talks also include a possible credit guarantee from Google. The details of any guarantee remain unclear.
Anthropic Eyes Nasdaq IPO
Anthropic is targeting a historic public market debut, with a potential valuation of $1.5 trillion to $2 trillion. The Wall Street Journal recently stated that the company is planning to delay its IPO until November. The delay raises questions about the timing of Anthropic's public debut and its plans to fund further AI development. However, the company has not confirmed the IPO timeline.
If completed at the reported valuation, Anthropic's IPO could rank among the largest in Wall Street history and potentially surpass SpaceX's (SPCX) June offering.
Anthropic remains a privately held company, so investors cannot currently buy its shares on a public exchange. However, investors can track the company's pre-IPO developments, valuation, and other key updates through the TipRanks Private Company Center.