Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda

Anthropic has signed a $35 billion cloud computing deal with Lambda, a cloud provider backed by Nvidia, securing access to a major data center under development in Nueces County, Texas. The agreement, reported by the Wall Street Journal and confirmed by sources familiar with the matter, is part of the AI company's aggressive push to expand its computing capacity to meet surging demand for its Claude AI products. The deal involves a complex arrangement with multiple parties. Infrastructure company Hut 8, which transitioned from cryptocurrency mining, is developing the data center campus. Nvidia has a separate agreement with Hut 8 to secure the capacity and will hold the lease on the facility.