Anthropic has signed a $35 billion cloud computing deal with Lambda, the Nvidia Corp.-backed cloud provider, in one of the largest infrastructure commitments by an AI lab to date3,4.
Under the arrangement, Nvidia Corp. will hold the lease on a Texas data center built by Hut 8 and supply chips to the facility, according to the Wall Street Journal. The structure positions Nvidia Corp. not just as a chip supplier but as a data-center landlord, using its financial weight to support a customer's capacity buildout1.
Separate Chinese-language reporting on the deal describes Anthropic's commitment as a $3.5 billion investment in a partnership with Lambda to expand cloud computing power2. The discrepancy between the $3.5 billion figure cited in those reports and the $35 billion total cited by Bloomberg and the Wall Street Journal has not been reconciled in the available sources.
ANALYSIS The deal's three-party structure, with Nvidia Corp. holding the lease, supplying GPUs, and Lambda operating the cloud layer for Anthropic, extends Nvidia Corp.'s role deeper into the infrastructure stack than a conventional chip sale.
The agreement arrives days after Nvidia Corp. disclosed a separate $3.5 billion convertible-bond investment in MediaTek, underscoring the chipmaker's willingness to deploy capital across the AI supply chain ctx.
ANALYSIS For Anthropic, locking in a $35 billion cloud commitment represents a long-horizon compute appetite on a scale comparable to the infrastructure spending disclosed by other frontier-lab operators.
Bloomberg first characterized the deal as sealed. The Wall Street Journal, citing sources, confirmed the $35 billion figure and the Texas data-center details.