AI company Anthropic is investing $3.4 billion in natural gas power generation equipment to power its data centers.

Insight Beating AI Flash News: According to the Financial Times, as AI labs deepen their involvement in the energy sector and cut out middlemen in the race for scarce power equipment, Anthropic has secured a large-scale gas generator procurement deal. In late September, the company purchased a procurement commitment for 1.7 gigawatts of heavy-duty generators from OnePWR Solutions, a San Antonio, Texas-based equipment supplier, for $3.4 billion. Anthropic did not acquire OnePWR itself, but the deal also includes the engineering and construction capacity required to install the generators. A source familiar with the matter revealed no OnePWR employees will be transferred to Anthropic. Another source noted that OnePWR had placed an order for generators with Caterpillar two years ago, but needed financing to finalize the transaction. Anthropic initially planned to act as a customer of OnePWR, but later opted to take over the equipment it had ordered from Caterpillar.