Nvidia anchors Hut 8’s Texas campus in Anthropic’s $35 billion cloud deal

NewsTue, 01 Sep 2026 23:43:16 UTC1 hour ago
Nvidia anchors Hut 8’s Texas campus in Anthropic’s $35 billion cloud deal

Anthropic has signed a $35 billion cloud-computing deal with Lambda, an Nvidia-backed provider, for a Texas data center. Nvidia already holds the lease on that campus, which Hut 8 is building in Nueces County.

Some of the capacity will sit at Hut 8’s Beacon Point campus. Reuters put the Anthropic portion at about 350 megawatts, which is about half of the 704 megawatts Hut 8 has leased there.

Hut 8 has never named the tenant on 704 megawatts

Hut 8 is building out the site and has named its tenant only as a high-investment-grade counterparty. Lambda will install the chips, and Anthropic is the buyer.

Nvidia signed leases worth up to $50 billion for the campus, the Financial Times reported on July 28, citing five people familiar with the deal. That was five weeks before the Anthropic agreement surfaced.

The Wall Street Journal, which first broke the Lambda deal, said Nvidia would supply the chips and hold the lease, citing people familiar with it.

“Nvidia is working with ecosystem partners to accelerate the deployment of efficient AI infrastructure through the DSX AI factory architecture,” a spokesperson said, without confirming or denying the report.

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