Tech
tech

Report: Anthropic staffing up to build as much as 10 gigawatts’ worth of data centers

Anthropic has been hiring a team of executives with a very particular set of skills: building huge data centers. The Information is reporting that Anthropic may be planning to build up to 10 gigawatts of AI computing capacity over several years.

According to the report, Anthropic has hired several former Google executives with deep experience building data centers, which aligns with Anthropic’s heavy use of Google’s tensor processing units.

Ten gigawatts would be incredibly expensive. OpenAI executives reportedly have said that building a 1-gigawatt data center costs about $50 billion — putting the cost of 10 gigawatts in the ballpark of $500 billion. But Anthropic told investors it would spend only $180 billion on AI computing servers through 2029, per the report.

In November, Anthropic announced a deal with Fluidstack to build its first data centers, based in New York and Texas, investing $50 billion in the projects. Anthropic is racing alongside OpenAI to pull off an IPO later this year.

Ten gigawatts would be incredibly expensive. OpenAI executives reportedly have said that building a 1-gigawatt data center costs about $50 billion — putting the cost of 10 gigawatts in the ballpark of $500 billion. But Anthropic told investors it would spend only $180 billion on AI computing servers through 2029, per the report.

In November, Anthropic announced a deal with Fluidstack to build its first data centers, based in New York and Texas, investing $50 billion in the projects. Anthropic is racing alongside OpenAI to pull off an IPO later this year.

More Tech

See all Tech
tech

Google will supply AI models to Pentagon in classified deal, per The Information

Google has become the latest tech company to ink an agreement to supply the Department of Defense (War) with AI, having reportedly closed a classified deal that allows the Pentagon to use its AI for “any lawful government purpose,” according to The Information.

The Information initially reported talks between the Alphabet-owned company and the US government around two weeks ago, following the messy breakdown of the relationship between Anthropic and the Trump administration — and the rushed OpenAI deal that took its place.

The move has reportedly sparked opposition among Google employees, with The Washington Post reporting that over 600 workers signed a letter to CEO Sundar Pichai to ask him to bar the Defense Department from using the company’s AI models for any classified work.

The Information initially reported talks between the Alphabet-owned company and the US government around two weeks ago, following the messy breakdown of the relationship between Anthropic and the Trump administration — and the rushed OpenAI deal that took its place.

The move has reportedly sparked opposition among Google employees, with The Washington Post reporting that over 600 workers signed a letter to CEO Sundar Pichai to ask him to bar the Defense Department from using the company’s AI models for any classified work.

tech
Jon Keegan

Microsoft loses exclusive access to OpenAI’s models and tools while ending revenue-sharing deal with ChatGPT maker

Microsoft shares dropped as it announced a revised agreement with OpenAI.

The amended agreement ends revenue-sharing payments from Microsoft to OpenAI, and also ends Microsoft’s exclusive access to OpenAI’s intellectual property (i.e. models and products).

OpenAI’s revenue sharing with Microsoft will end in 2030, is subject to a total cap, and is no longer dependent on its achieving artificial general intelligence.

Amazon, a likely beneficiary of this lack of exclusivity, initially popped on the news but erased those gains.

This is a developing story.

tech
Rani Molla

China just blew up one of Meta’s key AI bets

China has ordered Meta to unwind its $2 billion acquisition of Manus, a Chinese startup (since relocated to Singapore) that makes AI agents and was central to Meta’s push to turn its massive AI investments into a real business. The move is part of the Chinese government’s effort to stop US firms from gaining access to Chinese talent and intellectual property, as Washington continues to restrict sales of advanced AI chips to Chinese companies.

Unlike its tech peers, which can sell AI through cloud services, Meta mainly uses AI to improve its existing ad business rather than as a stand-alone revenue driver. The decision strips away one of Meta’s clearest paths to monetizing AI — leaving it spending like a hyperscaler, without a hyperscaler business model.

Unlike its tech peers, which can sell AI through cloud services, Meta mainly uses AI to improve its existing ad business rather than as a stand-alone revenue driver. The decision strips away one of Meta’s clearest paths to monetizing AI — leaving it spending like a hyperscaler, without a hyperscaler business model.

Latest Stories

Sherwood Media, LLC produces fresh and unique perspectives on topical financial news and is a fully owned subsidiary of Robinhood Markets, Inc., and any views expressed here do not necessarily reflect the views of any other Robinhood affiliate, including Robinhood Markets, Inc., Robinhood Financial LLC, Robinhood Securities, LLC, Robinhood Crypto, LLC, Robinhood Derivatives, LLC, or Robinhood Money, LLC. Futures and event contracts are offered through Robinhood Derivatives, LLC.