San AntonioAnthropic paid $3.4 billion for 1.7 gigawatts of generators.

It is the largest known generator purchase by an AI lab.

Anthropic took over a Caterpillar order OnePWR placed 2 years ago, before prices soared, as lead times stretch to years.

Blackstone has warned investors Anthropic’s credit rating may be junk, not investment grade, ahead of its stock market debut.

Anthropic plans to list this month at the earliest, with compute commitments near $900 billion through 2045.

How each outlet framed it
Zhidx
reports the $3.4B, 1.7 GW generator deal as Anthropic bypassing utilities to control its own power, and cites Blackstone's junk-rating warning ahead of the IPO

Sources: Zhidx