Anthropic Signs $35B Cloud Deal

Anthropic has agreed to a $35 billion cloud computing deal with Nvidia-backed Lambda for a new Texas data center. The project aims to expand computing power to support growing demand for the Claude AI platform.

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Anthropic logo is seen in this picture illustration taken August 16, 2026. REUTERS/Dado Ruvic/Illustration

Anthropic has signed a $35 billion cloud-computing agreement with Lambda, a cloud provider backed by NVIDIA CORP, for a Texas data center, a person familiar with the matter said on Monday afternoon. The project is developing in Nueces County through crypto-mining-turned-AI data center operator HUT 8 CORP, delivering a capacity of 350 megawatts. The expansion reinforces infrastructure investments across the United States as artificial intelligence developers race to secure advanced computing power.

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