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Anthropic Secures Compute D...

Updated May 7, 2026

SOLD

Anthropic Secures Compute Deal With SpaceX For XAI Colossus 1 Data Center

Building Size

Asset Type

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.

Players

Elon Musk

SpaceX

Landlord

$62M

vol

34 deals

Landlord

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

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