Anthropic targets doubling computing capacity to 7 gigawatts next year, NYT report

Investing.com -- Anthropic expects to have more than 3.5 gigawatts of computing capacity by the end of this year and aims to double that figure next year, the New York Times reported Tuesday, citing people familiar with the company's plans. Still guessing which stocks will beat the market? Our AI portfolio updates monthly and is outperforming the S&P 500 by 118%. See this month's list » The projected capacity would require enough electricity to power all the homes in Chicago, underscoring the extraordinary infrastructure demands behind the artificial intelligence boom. The expansion comes as Anthropic races to secure computing resources to support surging demand for its AI models. The company has accumulated $895.