Anthropic has signed a $35bn cloud deal with Nvidia-backed Lambda
Anthropic has committed $35bn to a cloud provider most people have never heard of, for capacity in a Texas data centre being built by a former bitcoin miner.
The Wall Street Journal reported the Lambda agreement on Monday, and Reuters confirmed it with a person familiar with the matter.
Neither company has announced it, and no term was disclosed. We have not independently verified the report, which rests on unnamed sources.
Lambda is backed by Nvidia, and the structure around the deal is where it gets interesting. Lambda holds the lease on a data centre in Nueces County, Texas, developed by Hut 8, while Nvidia has a separate arrangement with Hut 8 to secure the capacity, and Lambda deploys Nvidia chips into it.
Follow that chain, and Nvidia appears at three points in a transaction it is not formally party to. It has invested in the tenant, contracted for the...
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