Nvidia-Backed Lambda Secures $35 Billion Deal with Anthropic

Anthropic has secured a massive $35 billion cloud-computing agreement with Lambda, a company backed by Nvidia. This deal will give Anthropic access to computing capacity from Lambda as it races to secure the infrastructure needed for its growing demand for Claude AI products.

The Texas facility that will support this deal is being developed by Hut 8 Corp, and Nvidia has reached an agreement with Hut 8 to secure capacity at the facility. The financial terms of Lambda's arrangement with Nvidia remain unclear.

Anthropic has been aggressively building its computing capacity following supply constraints earlier this year. The company recently agreed to spend $45 billion over six years with another Nvidia-backed cloud provider, Nscale, for computing capacity in West Virginia.