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Anthropic invests $3.4B in natural gas turbines amid AI power shortages and rising demand.

Market News
09 Nov 2026, 18:56 WIB
TechCrunch
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Neutral
Anthropic invests $3.4B in natural gas turbines amid AI power shortages and rising demand.

Anthropic, an AI company planning to go public, is spending $3.4 billion on natural gas turbines to address severe power shortages impacting AI computing. This marks a shift from their usual strategy of renting computing power, as they face long waits for turbine deliveries and grid connections. The move highlights growing energy demands in AI, with major tech firms also investing in natural gas plants to power data centers. However, reliance on natural gas exposes companies to price volatility, potentially increasing costs significantly by 2030.

Anthropic's natural gas turbine purchase offers context for energy markets. For readers following energy stocks, here is Pluang's market snapshot as of Nov 09, 2026 23:31 WIB: 55 of 79 priced US energy stocks rose, 24 fell. Notable gainers include SEI at USD 64.00 (+10.78%), LEU at USD 115.17 (+10.11%), and KGS at USD 45.50 (+9.19%).

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