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Market Chatter: Amazon-Backed Anthropic Agrees to $35 Billion Computing Deal With Lambda

MT Newswires Live
1 hour ago

Amazon-backed (AMZN) Anthropic has agreed to a $35 billion computing deal with Nvidia-backed (NVDA) cloud provider Lambda to rapidly expand its AI capacity, Bloomberg reported Monday, citing an unnamed person familiar with the matter.

The report said the project involves a Texas data center being developed by Hut 8, with Nvidia reportedly holding the lease.

Lambda is also in talks to raise up to $3 billion at a potential valuation of $12 billion or more, Bloomberg reported.

Anthropic did not immediately respond to MT Newswires' request for comment.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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