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Macquarie Asset Management and GIC will supply most of the equity as Anthropic rents tailored facilities under long-term contracts.
On Monday, Anthropic, Macquarie Asset Management, and GIC announced a partnership to develop AI computing sites through a new entity called Theseus Infrastructure, with an initial focus in the United States.
Macquarie and GIC will jointly own the venture and supply the majority of equity for each project, while Anthropic serves as the anchor tenant leasing purpose-built sites tailored to its compute needs.
Anthropic committed to covering consumer electricity price hikes from the new facilities, echoing a February pledge to fund grid upgrades and net-new generation to match demand.
The companies shared no details on planned spending, project size, or timelines, and everything about Theseus Infrastructure remains unquantified, including the "thousands" of construction and permanent jobs.
By booking rent as an operating expense rather than capital expenditure, Anthropic keeps construction risk with investors while preparing for a public listing.