Anthropic signs $35 billion computing deal with Nvidia-backed Lambda

Anthropic has agreed to spend $35 billion over six years on cloud computing from Lambda, adding another huge infrastructure commitment as the Claude maker prepares for an expected public offering.

Lambda, a San Jose-based cloud provider backed by Nvidia, will secure access to a data center in Nueces County, Texas. Hut 8, a Bitcoin miner that has moved into data-center operations, is developing the facility. Nvidia will lease the site from Hut 8, while Lambda will pay Nvidia for access so it can deploy chips and provide computing resources to Anthropic. The financial terms between Lambda and Nvidia were not disclosed.

The agreement follows Anthropic’s separate $45 billion deal with Nscale, a London-based cloud provider also backed by Nvidia, for capacity at a facility in West Virginia. Including commitments announced earlier this year, Anthropic’s computing deals in 2026 total at least $135 billion.

In April, Amazon said Anthropic had committed to spend more than $100 billion on Amazon Web Services over the next decade. Reports have also cited a $30 billion commitment to Microsoft Azure and a $10 billion agreement with Volta Infra Holdings, an Nvidia-backed facility in Norway.

Anthropic is expanding its infrastructure as it competes with OpenAI for enterprise customers and revenue. Both companies are widely expected to file for initial public offerings in the coming months. Across the artificial-intelligence industry, demand for chips and advanced computing power has risen sharply, straining global supply chains and contributing to higher prices for consumer electronics.