Anthropic has signed a $35 billion deal with Nvidia through Lambda, a data center provider, to secure computing power for its AI assistant Claude in a Texas facility, as the company prepares for a potentially record-breaking IPO.
Anthropic, the creator of the AI assistant Claude, has secured a $35 billion contract with Nvidia via Lambda, a data center provider, to lease computing power for a Texas facility, according to multiple sources. This follows a separate $45 billion deal with Nscale, another Nvidia-backed provider, for a facility in West Virginia.
The $35 Billion Contract and Its Texas Hub
The Texas data center, developed by Hut 8—a former Bitcoin miner—will host servers powered by Nvidia’s chips, which Lambda will lease to Anthropic. A source close to the deal told Lorientlejour that the agreement aims to respond to the growing demand for Claude. The facility is part of a broader trend: Anthropic has signed a dozen agreements since spring with cloud providers and chipmakers, including Google, Amazon, and AMD, with published contracts totaling over $130 billion, according to AFP.
Anthropic loue pour 35 milliards de dollars de calcul
Nvidia’s role extends beyond hardware. The chipmaker is also the tenant of the Texas data center, while Lambda, which holds Nvidia shares, will install the company’s chips before leasing them to Anthropic. This arrangement has raised concerns about circular financing, with sources alleging that Nvidia’s investments in Anthropic and its partnerships with data center providers create a self-reinforcing cycle of funding. Nvidia itself invested $10 billion in Anthropic in November 2025, according to BFM.
Competition and Financial Pressures
Anthropic’s need for computing power stems from its struggle to meet client demand, which led to service degradation during peak hours in April. The company, valued at nearly $1,000 billion, is racing against OpenAI to secure resources for its upcoming IPO, expected in the fall. Both firms must convince investors they can sustain growth, with their computing needs costing hundreds of billions each, as reported by lefigaro.fr.
Nvidia has further amplified its influence by partnering with six North American financial giants to pool over $500 billion for client financing. A week after this alliance, the company provided a $105 billion guarantee for OpenAI’s Ohio data center. These moves highlight the tech sector’s growing reliance on chipmakers to fund infrastructure, a trend criticized as a potential bubble.
Implications for the AI Industry
Anthropic signe un contrat à 35 milliards de dollars
The deals underscore the escalating stakes in AI, where computing power is both a competitive advantage and a financial burden. Anthropic’s agreements, including the Texas and West Virginia facilities, reflect a strategy of diversifying suppliers to avoid overreliance on any single entity.
The circular financing accusations, cited in multiple sources, suggest that Nvidia’s financial backing of Anthropic and its data center partnerships may inflate valuations. This dynamic has drawn comparisons to past tech bubbles, though proponents argue it accelerates innovation. As Anthropic prepares for its IPO, the market will closely watch whether its computing investments translate into sustainable growth.
Anthropic’s IPO, slated for autumn, will be a critical test of investor confidence in its ability to scale. Meanwhile, Nvidia’s financial alliances and OpenAI’s Ohio project will shape the next phase of the AI arms race. Analysts will monitor whether these deals fuel innovation or exacerbate market instability.
The outcome could redefine the balance of power in AI, with chipmakers like Nvidia wielding unprecedented influence over startups and infrastructure. For now, the $35 billion contract with Lambda represents both a milestone and a cautionary tale in the high-stakes world of artificial intelligence.
Anthropic, the creator of the AI assistant Claude, has signed a $35 billion contract with Lambda, a data center provider backed by Nvidia, to lease computing power for a Texas facility. This follows a $45 billion deal with Nscale, another Nvidia-backed provider, for a site in West Virginia, according to a source close to the dossier. The agreements aim to address Anthropic’s struggles to meet client demand, which led to service degradation during peak hours in April. The company, valued at nearly $1,000 billion, is preparing for an IPO in the fall, potentially a record-breaking event.
En difficulté pour satisfaire la demande de ses clients
The Texas data center, developed by Hut 8, a former Bitcoin miner, will host servers equipped with Nvidia chips, which Lambda will lease to Anthropic. A source confirmed that the facility is designed to respond to growing demand for Claude. Anthropic has signed a dozen agreements since spring with cloud providers and chipmakers, including Google, Amazon, and AMD, with published contracts exceeding $130 billion, according to AFP. Nvidia, the world’s leading AI chipmaker, is also the tenant of the Texas data center, while Lambda, an Nvidia shareholder, will install the company’s chips before leasing them to Anthropic.
Nvidia’s financial involvement in Anthropic includes a $10 billion investment in November 2025, as reported by BFM. The chipmaker has also partnered with six North American financial giants to raise over $500 billion for client financing, though this remains an unconfirmed objective. A week after this alliance, Nvidia provided a $105 billion guarantee for OpenAI’s Ohio data center, according to sources. These moves highlight the growing reliance on chipmakers to fund AI infrastructure, a trend criticized as a potential bubble.
Anthropic and OpenAI, which is also preparing for an IPO, must convince investors of their ability to sustain growth. Their computing needs are estimated to cost hundreds of billions each, per lefigaro.fr. The circular financing accusations, cited in multiple sources, suggest that Nvidia’s investments in Anthropic and its data center partnerships may create a self-reinforcing cycle of funding. This dynamic has drawn comparisons to past tech bubbles, though supporters argue it accelerates innovation.
Anthropic’s IPO, expected in autumn, will test investor confidence in its scalability. Meanwhile, Nvidia’s financial alliances and OpenAI’s Ohio project will shape the next phase of the AI arms race. Analysts will monitor whether these deals fuel innovation or exacerbate market instability.
The outcome could redefine the balance of power in AI, with chipmakers like Nvidia gaining unprecedented influence over startups and infrastructure. The $35 billion contract with Lambda represents both a milestone and a cautionary tale in the high-stakes world of artificial intelligence.
