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 Artificial intelligence startup Anthropic has inked a massive $35 billion cloud computing agreement with Lambda, an Nvidia-backed cloud infrastructure provider, to secure computing capacity at a major data center in Texas, according to a source familiar with the matter on Monday.

The 350-megawatt facility, currently under development in Nueces County, Texas, is being built by Hut 8—a digital infrastructure company that has pivoted from cryptocurrency mining toward developing specialized high-performance computing centers for AI workloads.

Representatives for Anthropic, Nvidia, Hut 8, and Lambda did not immediately respond to requests for comment outside regular business hours.