Anthropic has signed a $35 billion cloud computing deal with Lambda, an Nvidia-backed cloud provider. That's according to Reuters：https://www.reuters.com/technology/anthropic-signs-35-billion-cloud-deal-with-nvidia-backed-lambda-source-says-2026-08-31/, citing an anonymous source. The data center is being built in Nueces County, Texas, with roughly 350 megawatts of capacity. Hut 8, a former crypto mining company, is developing the facility. Nvidia itself holds the lease for the data center, the Wall Street Journal：https://www.wsj.com/tech/ai/anthropic-signs-35-billion-cloud-deal-backed-by-nvidia-f12622f1 reports.
The deal is part of a massive infrastructure push by Anthropic ahead of its planned IPO. Just last week, the company announced a $45 billion contract with Nscale：https://the-decoder.com/anthropic-locks-in-45-billion-dollar-compute-deal-with-nscale-ahead-of-ipo/ for a data center in West Virginia. The added capacity is meant to keep up with growing demand for its AI model Claude and its coding tool Claude Code.
Hut 8 had announced a 15-year lease：https://www.reuters.com/technology/hut-8-signs-98-billion-ai-data-center-lease-fully-commercializes-texas-campus-2026-07-20/ with an unnamed client back in July. None of the companies involved commented on the deal to Reuters. Ad Ad
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