Anthropic Signs $35 Billion Lambda Cloud Deal as 2026 Compute Pacts Top $135 Billion
Updated
Updated · Yahoo Finance · Sep 1
Anthropic Signs $35 Billion Lambda Cloud Deal as 2026 Compute Pacts Top $135 Billion
3 articles · Updated · Yahoo Finance · Sep 1
Summary
Anthropic agreed to a six-year, $35 billion deal with Nvidia-backed Lambda for cloud computing capacity, extending its latest push to lock in scarce AI infrastructure.
Lambda is expected to source that capacity through a Hut 8 data center in Texas, with Nvidia leasing the facility and Lambda paying Nvidia for access, the Wall Street Journal reported.
The new pact follows Anthropic's recently confirmed six-year, $45 billion agreement with London-based Nscale for capacity at a West Virginia facility.
At least $135 billion in Anthropic computing deals have been signed this year as it races OpenAI for customers, revenue and eventual IPO positioning.
Surging demand for AI chips and compute is also straining broader supply chains, already feeding higher component costs for consumer devices including Macs, iPads and likely new iPhones.