Market2026-08-31

Anthropic has signed a cloud-computing deal worth $35 billion with Lambda. Lambda is a cloud provider backed by Nvidia. Nvidia itself holds the lease on the data center involved. Hut 8 is developing that data center in Nueces County, Texas. Hut 8 is a bitcoin miner that also builds data centers. Nvidia signed its agreement with Hut 8 a few weeks earlier to secure the capacity. The arrangement is another case of Nvidia using its financial strength to support a customer. The details come from people familiar with the deal, reported by The Wall Street Journal.

  • $35 billion cloud deal

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