Anthropic uses CoreWeave’s AI capabilities to power Claude – Silicon Valley

Written by Brody Ford, Bloomberg

Anthropic PBC has agreed to leverage CoreWeave Inc.’s data center capacity as part of its efforts to meet growing demand for artificial intelligence services.

CoreWeave said in a statement Friday that the multi-year agreement will help build and deploy Anthropic’s Claude AI model. CoreWeave CEO Michael Intrator said in an interview that this capacity includes a variety of Nvidia Corp. chip architectures in its U.S. data centers. Both companies declined to disclose the financial terms of the deal.

Coreweave shares soared as much as 15% to $105.90 in New York trading, their biggest intraday gain in more than two months. The stock closed Thursday at $92 in New York.

Along with OpenAI, Anthropic has been at the forefront of the explosion of AI services, but the company has at times struggled to keep its products online in the face of what it calls “unprecedented demand.” The company is working to build out more computing power, including spending $50 billion on new AI data centers in the United States. San Francisco-based Anthropic is one of the most valuable privately held companies at $380 billion, including $30 billion in recent funding.

Earlier this week, Anthropic announced a partnership with Broadcom Inc. and Alphabet Inc.’s Google to acquire 3.5 gigawatts of energy. One gigawatt is equivalent to the power that approximately 750,000 U.S. homes can consume at one time.