Anthropic signs $35 bln computing deal with startup backed by Nvidia

Anthropic signed a $35 billion deal for access to cloud computing power from a U.S.-based startup backed by Nvidia, adding to a string of such deals clinched by the artificial intelligence (AI) developer amid fierce competition for advanced computing power.

The San Francisco-based AI lab has agreed to a six-year deal with Lambda, a source familiar with the deal told AFP.

Based in San Jose, California, Lambda provides access to AI cloud computing services.

Lambda will secure access to a data center being built by another company, Hut 8, which mines bitcoins and builds data centers, including one in Texas that Anthropic will tap for computing power, according to media reports.