Anthropic Signs $35 Billion Cloud Agreement with Lambda, Nvidia Appears at Every Step

Odaily News: According to sources familiar with the matter, Anthropic has signed a $35 billion cloud computing agreement with Lambda, a cloud provider backed by Nvidia, and Nvidia itself holds the lease on the data center. Sources said Nvidia signed an agreement with Hut 8 several weeks ago to secure computing capacity at the data center.

This complex arrangement once again highlights Nvidia's increasingly important role in helping non-investment-grade companies such as Anthropic gain access to its expensive computing resources. The deal also helps emerging cloud provider Lambda secure a lucrative contract with Anthropic without having to procure data center space on its own. Lambda will use the data center being developed by Hut 8, connecting to chips purchased from Nvidia — which is also an investor in Lambda.

It remains unclear how much Lambda will pay Nvidia for the use of the data center space. After facing a computing supply bottleneck earlier this year, Anthropic has been racing to sign cloud capacity agreements. (The Wall Street Journal)