TechFlow News, April 7: According to CoinDesk, AI company Anthropic announced its largest compute partnership to date with Google and Broadcom, planning to deploy thousands of megawatts of next-generation TPU compute capacity starting in 2027. The company’s annualized revenue has surged from $9 billion at the end of 2025 to $30 billion.
The large-scale expansion of AI infrastructure is now directly competing with Bitcoin mining for scarce resources—including grid access, land, cooling infrastructure, and low-cost electricity. Cambridge’s tracking data shows that global Bitcoin mining consistently consumes approximately 13–25 gigawatts of electricity, while Anthropic’s single agreement alone secures several gigawatts of capacity—making AI one of the largest contributors to new electricity demand in the United States.
Against this backdrop, Bitcoin miners are accelerating their transition into AI colocation services. Core Scientific has shifted a substantial portion of its computing capacity toward AI colocation; Iris Energy and Hut 8 have expanded their high-performance computing (HPC) revenue streams; and Riot, MARA, and Genius Group collectively sold over 19,000 BTC last week—indicating that reliance solely on mining revenue has become unsustainable. Analysts note that, given Bitcoin’s current price of approximately $69,000, record-high network hash rate, and continuously rising energy costs, leasing infrastructure to AI companies often proves more economically viable than Bitcoin mining.
