Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Anthropic Signs Mega Deal With Google, Broadcom: Why Bitcoin Miners Should Pay Attention

Bitcoin mining is becoming costlier amid stagnant token prices and rising energy costs. (Credit: Ivan Babydov : Pexels)

Anthropic, an AI research company, announced its partnership with Alphabet's Google and Broadcom for gigawatts of tensor processing capacity to power its Claude models amid rising global demand.

The new compute capacity is expected to come online in 2027. 'This groundbreaking partnership with Google and Broadcom is a continuation of our disciplined approach to scaling infrastructure: we are building the capacity necessary to serve the exponential growth we have seen in our customer base while also enabling Claude to define the frontier of AI development,' said Anthropic CFO Krishna Rao in a Monday press release. 'We are making our most significant compute commitment to date to keep pace with our unprecedented growth.'

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.