Anthropic Signs $35 Billion Cloud Deal With Nvidia-Backed Lambda for Texas Data Center

NewsTue, 01 Sep 2026 08:03:34 UTC55 minutes ago

TLDR

  • Anthropic has agreed to a $35 billion cloud-computing deal with Lambda, a cloud provider backed by Nvidia
  • Nvidia will hold the lease on the Texas data center being built by Hut 8 in Nueces County
  • The deal follows Anthropic’s $45 billion agreement with Nscale and $50 billion deal with Fluidstack
  • Nvidia has been using its financial resources to help non-investment-grade firms access its computing infrastructure
  • Lambda is separately in talks to raise up to $3 billion at a valuation of $12 billion or more

Anthropic has signed a $35 billion cloud-computing deal with Lambda, a cloud provider backed by Nvidia. The agreement gives Anthropic access to a data center being developed in Nueces County, Texas.

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