Anthropic Secures Compute Deal With SpaceX For XAI Colossus 1 Data Center
Building Size
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Asset Type
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Closing
May 6, 2026
About this deal
AI
Anthropic announced a compute deal with SpaceX to utilize the capacity of the xAI-operated Colossus 1 data center in Memphis, providing access to over 300 megawatts of compute power. This arrangement aims to enhance capacity for Claude Pro and Claude Max users amidst ongoing demand strain.
Summary of transaction details:
- Deal Type: Compute Deal
- Transaction Amount: Not specified
- Companies Involved: Anthropic, SpaceX
- Data Center Location: Memphis
- Compute Power: Over 300 megawatts
Anthropic is scaling aggressively through several compute deals, including a multibillion-dollar pact with Amazon. The company is currently in discussions with investors to raise new capital at an approximate valuation of $900 billion. Elon Musk has recently softened his stance on Anthropic after meeting its team, reflecting the evolving relationship between their companies in AI infrastructure.
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Market CRE Market Snapshot
Boundary boundary · CRE · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93