Nvidia data center development in Texas
Company: Hut 8 - Project: Beacon Point
The claim, verbatim
Developing a data center in Nueces County, Texas to be leased by Nvidia as part of $35 billion computing agreement with Anthropic
Source (primary)
Hut 8 Corp. (HUT)’s AI Pivot Gets a Major Boost From the $35 Billion Anthropic Deal - Yahoo Finance (-, news_article)
View cached copy (2026-09-07)Live source ↗Archive.org ↗
Quote: “On September 1, Hut 8 Corp. (NASDAQ:HUT) 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.”
How we checked this
Checked on September 19, 2026. The cited source supports every part of this claim.
The document states Hut 8 confirmed on September 1 it is developing a Nueces County data center to be leased by Nvidia under a $35 billion Anthropic agreement, matching every assertion.
Confirmed in the source:
- Hut 8 is developing a data center in Nueces County, Texas
- The data center is to be leased by Nvidia
- The lease is part of a $35 billion computing agreement with Anthropic
- Hut 8 confirmed this on September 1
What we did: Read our cached copy of the publisher (https://finance.yahoo.com/technology/ai/articles/hut-8-corp-hut-ai-083054752.html) in full (12,166 characters, retrieved September 7, 2026) and checked each assertion in the claim against it.
Additional evidence
confirms Hut 8 Corp. (HUT)’s AI Pivot Gets a Major Boost From the $35 Billion Anthropic Deal - Yahoo Finance
Quote: “On September 1, Hut 8 Corp. (NASDAQ:HUT) 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.”