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Hut 8's Texas Campus Becomes Key Player in Anthropic-Lambda AI Deal

Guavy AI Editorial Team
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Hut 8's Texas campus is now part of Anthropic's $35 billion computing deal with Nvidia-backed Lambda, providing essential AI infrastructure.

The Beacon Point campus in Nueces County, Texas, underlies a portion of the agreement and has two 15-year leases covering 704 megawatts of IT capacity, valued at $19.6 billion.

This figure is more than 260 times Hut 8's latest quarterly revenue and highlights the growing trend of bitcoin miners repurposing their infrastructure for higher-value computing workloads.

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