Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda

Wait 5 sec.

Anthropic has reportedly signed a $35 billion cloud-computing deal with Nvidia-backed Lambda for a roughly 350-megawatt Texas data center being developed by Hut 8. "Lambda will install Nvidia chips at the Hut 8 facility, with the arrangement designed to expand the pool of Nvidia computing resources available to power Anthropic's Claude AI products," reports Quartz. From the report: The arrangement is a further sign of how Nvidia is positioning itself as a facilitator of computing access across the AI industry. It also benefited Lambda, which counts Nvidia as an investor and was able to land a major Anthropic contract without having to independently source or lease the underlying data center space, according to the Journal. The data center covers roughly 350 megawatts of capacity, according to Bloomberg. Hut 8, which began as a bitcoin mining company before moving into AI data centers, disclosed in July that an investment-grade customer had signed 15-year leases for its Texas campus, with a base contract value of $19.6 billion, without naming the tenant. The Lambda deal is the latest in a series of large computing agreements Anthropic has pursued. Last week, the company agreed to spend $45 billion to rent capacity from Nscale's West Virginia data center campus. It has also signed deals worth $50 billion with neocloud Fluidstack Ltd. and $45 billion with SpaceX, according to Bloomberg.Read more of this story at Slashdot.