Anthropic plans to buy 1.4-GW Australian data centre capacity, AFR reports By Investing.com
Market Updates

Anthropic plans to buy 1.4-GW Australian data centre capacity, AFR reports By Investing.com

Investing.com17d ago

Investing.com-- Artificial intelligence startup Anthropic is seeking to secure at least 1.4 gigawatts of Australian data centre capacity in a project that could cost as much as $15 billion, the Australian Financial Review reported on Sunday, citing confidential tender documents.

The AFR said Anthropic is aiming to begin using at least 1 GW of capacity by the end of 2027 after opening its Australian office earlier this year.

Get real-time updates on market-moving news with InvestingPro

According to the report, Anthropic's preferred approach is to partner with a developer capable of building a large-scale 1.4 GW-plus data centre campus, while remaining open to jointly developing a suitable site if one is not yet available.

The tender was sent to major Australian data centre operators including CDC Data Centres, AirTrunk, Nextdc (ASX:NXT), Iren and Stack, with initial proposals submitted in March and shortlisted bidders meeting company executives in Canberra in April, the AFR said.

Anthropic is expected to make a final decision in at least six weeks and could split the project among four or five providers instead of awarding it to a single developer, the AFR reported.

Originally published by Investing.com

Read original source →
Anthropic