Nvidia Holds the Lease on Anthropic’s Reported $35B Texas Block
Bloomberg and DCD report Anthropic signed about $35 billion of cloud with Nvidia-backed Lambda for roughly 350 MW at Hut 8’s Beacon Point campus in Nueces County, Texas, with Nvidia holding the lease. Anthropic declined comment.
Corrected October 14, 2026: Described Nvidia as holding the lease (per The Wall Street Journal, via DCD), not as landlord; corrected DCD's attribution to the WSJ; removed an unverified $19.6 billion figure and timestamp; turned an internal reference into a link.
Nvidia now holds the lease, not just supplies the chips, on Anthropic’s reported Texas block. Watch for an on-the-record confirm — and whether $35B + $45B in two weeks is one book or two campuses.
Bloomberg and DCD / The Wall Street Journal said Anthropic signed ~$35 billion of cloud with Nvidia-backed Lambda for ~350 MW at Hut 8’s Beacon Point, Nueces County, Texas. Nvidia holds the lease; Lambda deploys Nvidia GPUs. Q1 2027 energization target; campus can scale toward 1 GW. Anthropic declined comment. Hut 8 July leases at the campus already 704 MW. Not the Nscale $45B lease.
Reported terms#
| Item | Bloomberg / DCD Sep 1 |
|---|---|
| Value | ~$35B |
| Power | ~350 MW |
| Lease holder | Nvidia (per WSJ, via DCD) |
| Operator | Lambda |
| Site | Hut 8 Beacon Point, TX |
Wire-reported; Anthropic declined comment.