Developing Nueces County data center for Nvidia in Anthropic-Lambda deal
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Hut 8 is developing a data center in Nueces County, Texas that will be leased by Nvidia as part of the Anthropic-Lambda cloud computing deal
Source (primary)
Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo Finance (-, news_article)
View cached copy (2026-09-04)Live source ↗
Quote: “Hut 8 is developing the data center in Nueces County, Texas, that will be leased by Nvidia ( NVDA ) as part of a new $35 billion cloud-computing deal between Anthropic ( ANTH.PVT ) and Nvidia-backed Lambda”
How we checked this
Checked on October 10, 2026. The cited source supports every part of this claim.
The article states each part of the claim directly: Hut 8 is developing the Nueces County, Texas data center, Nvidia will lease it, and the lease is part of the Anthropic-Lambda cloud-computing deal. The article attributes this to a Wall Street Journal report rather than confirming it independently.
Confirmed in the source:
- Hut 8 is developing a data center in Nueces County, Texas
- The Nueces County data center will be leased by Nvidia
- The lease is part of a cloud-computing deal between Anthropic and Nvidia-backed Lambda
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/markets/stocks/article/hut-8-stock-is-a-winner-in-a-new-deal-between-anthropic-and-nvidia-backed-lambda-122511171.html) in full (10,288 characters, retrieved September 4, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 stock is a winner in a new deal between Anthropic and Nvidia-backed Lambda - Yahoo Finance
Quote: “Hut 8 is developing the data center in Nueces County, Texas, that will be leased by Nvidia ( NVDA ) as part of a new $35 billion cloud-computing deal between Anthropic ( ANTH.PVT ) and Nvidia-backed Lambda”
confirms Hut 8 Corp. (HUT)’s AI Pivot Gets a Major Boost From the $35 Billion Anthropic Deal - Yahoo Finance
Quote: “confirmed it is developing a data center in Nueces County, Texas, to be leased by Nvidia as part of a $35 billion computing agreement with Anthropic”