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$10bn pact at $2.4bn valuation

5 August 2026
in Business
Reading Time: 3 mins read
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bn pact at .4bn valuation
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Volta Infrastructure Holdings, a London-based start-up incorporated in January, has agreed a $10 billion data centre deal with Anthropic and raised funding from backers including Nvidia at a $2.4 billion valuation.

Volta said its first project is a planned AI data centre in Norway, to be powered by Nvidia systems, as part of the partnership with Anthropic, the AI group behind the Claude chatbot.

The company says it “develops, finances, builds and operates” AI data centres, or “AI factories” as it calls them, bringing together finance, land with local power supply and the hardware and software required by the AI industry “under a single platform”.

Alongside Nvidia, the chip maker, investors include Azora, a Spanish investment firm, Andreessen Horowitz, the Silicon Valley venture capital firm, and Altimeter, a technology investor. The family office of Michael Dell, founder of Dell Technologies, has also invested.

Volta said Azora had established a $5 billion AI infrastructure programme to finance AI factories that Volta will develop.

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