BUSINESSTHE 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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- Anthropic signs $10B deal with AI cloud startup Volta
- Anthropic signed a $10 billion computing deal with a months-old Nvidia-backed startup
- Google, Nvidia deepen Europe robotics play with startup compute deal
- Nvidia's Jensen Huang bets on this British startup to build 'next frontier' of AI
- Nvidia is launching a revenue-sharing model to give AI startups access to its hardware