Anthropic signs first Canada data center lease in Nova Scotia
Artificial intelligence infrastructure demand continues to drive new data center commitments in Canada as developers pair computing capacity with large-scale power projects. Anthropic’s lease at Point Tupper in Nova Scotia marks the Claude maker’s first data center agreement in the country and comes as EverWind outlines a broader multibillion-dollar buildout.
Highlights
- Anthropic has leased data center capacity from EverWind at Point Tupper, securing its first Canada-based facility amid rising infrastructure demand.
- EverWind plans to invest over C$10 billion in a data center campus and wind power in Nova Scotia, marking the province's largest private investment.
- Anthropic's infrastructure spending surged threefold to $7.33 billion last year, as the company eyes a potential U.S. IPO valued above $2 trillion despite regulatory concerns.
Nova Scotia capacity deal and investment plan
As reported by Reuters, Anthropic has signed a lease with EverWind for data center capacity at Point Tupper, Nova Scotia, according to Jacob Glick, the company’s head of public policy for Canada. The agreement gives Anthropic its first data center foothold in Canada as demand for computing infrastructure rises.Separately, EverWind has unveiled plans to invest more than C$10 billion in a data center campus and wind power projects in Nova Scotia. The company calls the initiative the largest privately funded investment in the province’s history.
Infrastructure demands and wider business context
Data centers continue to face criticism over heavy power and water use, as well as the strain they can place on local infrastructure. Glick says Anthropic will protect ratepayers and water resources while ensuring local communities benefit from the project.Anthropic spent $7.33 billion on computing and infrastructure last year, a threefold increase from 2024. The company is also preparing for a U.S. IPO that could value it at more than $2 trillion, although New York City Comptroller Mark Levine has urged it to delay the offering over safety and governance concerns.
In our earlier article on the AI-linked stock selloff driven by rate and inflation worries, we explained how hotter inflation data revived expectations of further Fed hikes and pushed tech and chip names lower. We also noted that investors were increasingly focused on the rising cost of financing large-scale AI infrastructure, with heavily debt-exposed data center and cloud-related firms coming under particular pressure.
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