Anthropic inks $3.4 billion deal for gas-powered data centers—the largest of its kind—to secure AI autonomy ahead of planned IPO | Fortune

Anthropic signed a $3.4 billion deal to acquire gas-powered data center capacity, the largest transaction of its kind, as the AI developer moves to secure its own energy supply ahead of a planned IPO. The purchase is intended to reduce the company's reliance on third-party cloud and power providers, giving it greater control over the infrastructure underpinning its models. The deal comes as Anthropic prepares for a listing valued at an estimated $1.3 trillion, a figure that raises the stakes for demonstrating durable cost and capacity planning. Investors will watch how the gas-fired capacity affects Anthropic's operating expenses and emissions profile, and whether the company discloses further energy contracts as the IPO timeline develops.