Anthropic spends $3.4B to buy natural gas generators directly from Caterpillar
What happened
Anthropic is spending $3.4 billion to buy natural gas generator sets directly from Caterpillar, with up to 1.7 GW of generating capacity, TechCrunch reports, citing the Financial Times. The equipment was originally ordered by supplier OnePWR, which failed to secure financing to complete the purchase, so Anthropic bought straight from the manufacturer. Gas turbine orders are backed up into the early 2030s, and grid connection queues may be just as long. Relying on gas also brings fuel price volatility risk.
Written by AI from the coverage · updated 2 days ago
Coverage
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- TechCrunch · AIPickAnthropic spends $3.4B on Caterpillar gas turbines for up to 1.7 GW of power
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.
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