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The Nexus
BUSINESSAug 5 · 13:04 UTCTHE REGISTER

Cloud startup Volta claims $10B AI lab deal for Norway bit barn

Volta, an AI cloud startup backed by Nvidia and Michael Dell, plans to build AI factories in Norway and other regions, targeting over 1 GW of capacity by 2030. The company claims a $10 billion partnership with Anthropic to develop a 133 MW facility in Norway using Nvidia infrastructure, with funding totaling $300 million from investors including Andreessen Horowitz and Bitdeer.

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