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