Volta, a UK-registered "Neocloud" infrastructure startup founded with just £1 capital in January 2026, has emerged from stealth mode with a $10 billion compute deal (reportedly with Anthropic), $300M Series A funding led by a16z, and a $2.4B valuation. The company targets "Little Tech"—mid-sized AI startups and labs squeezed out by hyperscalers' demanding financing terms—by financing infrastructure directly. The headline deal involves a 6-year Norwegian hydroelectric data center partnership with Bitdeer, projected to generate $1.7B annual revenue for Volta. This reflects a major industry shift as crypto-mining operators pivot to higher-margin AI infrastructure.