Anthropic Signs $35 Billion Cloud Computing Deal with Lambda, Backed by NVIDIA

Dynamic AI News, according to The Wall Street Journal, sources reveal that Anthropic has signed a $35 billion cloud computing agreement with Lambda, a cloud service provider backed by NVIDIA. The related data center, located in Nueces County, Texas, was developed by Bitcoin mining company and data center developer Hut 8. NVIDIA has already entered into an agreement with Hut 8 to secure computing capacity and will directly hold the data center lease. Under the arrangement, Lambda will install NVIDIA-purchased chips within the data center built by Hut 8 and provide cloud services to Anthropic. It remains unclear how much Lambda will pay NVIDIA for data center usage. This setup allows Lambda to secure Anthropic’s large contract without having to procure its own data center space, while enabling Anthropic to access NVIDIA’s computing resources. Earlier this year, Anthropic faced tight computing supply, and this month it also signed a $45 billion agreement with another NVIDIA-backed cloud provider, Nscale, to lease NVIDIA-powered computing capacity from its data center in West Virginia. Hut 8 previously disclosed that its 700-megawatt Texas campus has been signed under a 15-year, full-site lease by a highly investment-grade company; the facility is valued at $20 billion and will be used to deploy NVIDIA chips.