ATLAS News · Companies
Yahoo Finance and TokenPost report Anthropic secured 1.7 gigawatts of Caterpillar gas generators first ordered by OnePWR, in a deal valued at $3.4 billion.
Anthropic has secured 1.7 gigawatts of Caterpillar gas generator capacity that was originally ordered by OnePWR, according to Yahoo Finance and TokenPost. Yahoo Finance puts the value of the order at $3.4 billion.
Yahoo Finance describes the move as part of a race among AI labs to lock in their own power supply. StreetInsider also reported that Caterpillar shares rose on the day as selling pressure eased, and Yahoo Finance cited a gain of 6.61%.
Separately, Kalkine reports that demand for industrial equipment lifted Caterpillar's quarterly sales and earnings.
Gas generators can supply on-site electricity, and large AI computing operations need substantial and reliable power.
The order shows how AI developers' power needs may translate into demand for equipment makers such as Caterpillar.
Price changes are shown for the trading day of the story and are a coincidence in time, not proof that the news caused them. Figures are ATLAS data from our database.
Industrials · NYSE
live price · USD
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