The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.

Anthropic has signed a cloud-computing deal worth US$35 billion with Lambda, a cloud provider backed by Nvidia, for a Texas data centre, a source familiar with the matter said on…

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…