AI company Anthropic has announced a major compute agreement with Google and Broadcom, planning to deploy gigawatts of next-generation TPU capacity by 2027. This expansion positions AI infrastructure as a significant competitor to Bitcoin mining for resources like grid access and low-cost electricity. Anthropic's annualized revenue has surged to $30 billion, highlighting the growing demand for AI capabilities. The Cambridge Centre for Alternative Finance reports that global Bitcoin mining consumes 13 to 25 gigawatts of power, while Anthropic's agreement secures several gigawatts, marking AI as a major new electricity consumer in the U.S. In response, Bitcoin miners are diversifying into AI hosting services. Companies like Core Scientific, Iris Energy, and Hut 8 are expanding their high-performance computing revenues, while Riot, MARA, and Genius Group sold over 19,000 BTC last week, reflecting a shift from traditional mining revenue models. Analysts suggest that with Bitcoin prices around $69,000 and rising energy costs, leasing infrastructure to AI firms is often more profitable than mining.