Bitcoin miners face a new rival for cheap power as Anthropic signs multi-gigawatt compute deal
By Shaurya Malwa
Anthropic has partnered with Google and Broadcom on a multi-gigawatt deal for next-generation TPU compute capacity starting in 2027. This agreement heightens competition for cheap electricity, directly challenging Bitcoin miners and other power-intensive industries. The surge in AI demand is reshaping the economics of sectors reliant on low-cost power.
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