Anthropic spends $3.4B on Caterpillar gas turbines for up to 1.7 GW of power

Anthropic joins AI’s natural gas frenzy, buys $3.4B worth of turbines

Anthropic is spending $3.4 billion on Caterpillar natural gas generator sets with up to 1.7 gigawatts of capacity. The Financial Times reports the equipment was originally ordered by supplier OnePWR, which could not secure financing, so Anthropic bought directly from the manufacturer. Gas turbine orders are backed up into the early 2030s, grid connection queues may run just as long, and relying on gas adds fuel price risk.

Why it matters: Turbine orders are backlogged into the early 2030s and grid queues may be just as long, so buying hardware directly is one way around the wait.