Anthropic spends $3.4 billion to purchase gas-fired power generation equipment to supply power to its data centers.

Beating AI News Flash: According to a report by the Financial Times, as AI labs intensify their involvement in the energy sector and bypass intermediaries in the competition for scarce power equipment, Anthropic has struck a massive gas generator procurement deal. In late September, it acquired a purchase commitment for 1.7 gigawatts of heavy-duty generators from OnePWR Solutions, an equipment supplier headquartered in San Antonio, Texas, for $3.4 billion. Anthropic did not acquire OnePWR itself, but the deal also includes the engineering and construction capabilities needed to install the generators.

A person familiar with the matter revealed that no OnePWR employees transferred to Anthropic. According to a person familiar with the matter, OnePWR had already ordered generators from Caterpillar two years ago but needed financing to complete the transaction. Anthropic initially planned to become a customer of OnePWR, but later chose to take over the equipment it had ordered from Caterpillar.