Why Hut 8 Is Suddenly at Center of AI Boom

TLDR Hut 8’s Beacon Point campus in Texas will support computing capacity tied to Anthropic’s $35 billion agreement with Lambda. Nvidia holds the lease at Beacon Point, while Lambda will operate Nvidia chips and supply computing power to Anthropic. Hut 8’s two 15-year Beacon Point leases cover 704 megawatts and carry $19.6 billion in contracted [...]

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