According to people familiar with the matter and multiple outlets, Anthropic agreed around August 31 to a roughly $35 billion cloud deal with Nvidia-backed Lambda for about 350 megawatts at a Hut 8–developed site in Nueces County, Texas; the Wall Street Journal reported Nvidia itself holds the lease. The pact follows Anthropic’s roughly $45 billion Nscale commitment in West Virginia and is meant to bring more Nvidia GPU capacity online for Claude and Claude Code demand.

Key Takeaways

  • ✓About $35B for ~350MW in Texas via Nvidia-backed Lambda
  • ✓Hut 8 develops the site; reports say Nvidia holds the lease while supplying chips
  • ✓Follows a ~$45B Nscale deal to expand Claude / Claude Code capacity
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About $35B for 350MW in Texas via Nvidia-backed Lambda
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🛠️ Ecosystem & IDERules
Anthropic · Lambda · Nvidia
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Official Source Announcement
www.bloomberg.com/news/articles/2026-08-31/anthropic-seals-35-billion-cloud-deal-with-nvidia-backed-lambda
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