Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal

Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal.

• Anthropic hasannounced a partnershipwith Google and Broadcom for "multiple gigawatts" of next-generation TPU compute capacity expected to come online starting in 2027, a commitment the company called its most significant to date as revenue growth accelerated to a $30 billion annual run rate from $9 billion at the end of 2025
• The scale of AI compute demand is now competing directly with bitcoin mining for the same scarce resources — grid connections, land permits, cooling infrastructure, and cheap electricity
• We've signed an agreement with Google and Broadcom for multiple gigawatts of next-ge