00:00The race to build out AI computing power just got another massive price tag.
00:04Anthropic has signed a $35 billion cloud computing deal with Lambda,
00:08an NVIDIA-backed cloud provider,
00:10to secure capacity at a new data center campus in Nueces County, Texas.
00:15NVIDIA itself holds the lease on the site,
00:17which is being developed by former Bitcoin miner Hutt8.
00:21The roughly 350-megawatt campus will deliver NVIDIA computing systems
00:25to power Anthropic's cloud models,
00:28including its fast-growing cloud code product for developers.
00:31This is just the latest in a string of enormous compute deals Anthropic has signed in recent weeks,
00:37including a reported $45 billion agreement in West Virginia,
00:41plus earlier deals worth $50 billion and $45 billion with other providers.
00:45The scale of these agreements shows just how much money
00:48AI companies are pouring into data center capacity right now,
00:52as demand for computing power to run increasingly advanced AI models keeps climbing.
00:56Disclosure, this video contains stock footage and content created or enhanced using AI-assisted tools.