Hut 8 Secures Up to $35B AI Infrastructure Deal With Anthropic
Hut 8 is set to provide cloud-computing capacity to Anthropic at its Beacon Point data center in Texas under a multi-decade agreement valued at up to $35 billion over its full term. The deal supplies infrastructure for Anthropic’s AI workloads and supports Hut 8’s long-duration, contracted data center revenue thesis, while execution and capital-intensity risks remain a concern.