Follow UsHut 8's Texas power site sits inside Anthropic’s $35 billion AI deal
Bullish-26.79%
1 Sep, 12:11
Source: CoinDesk
AI Summary
Hut 8 secured long-term leases worth $19.6 billion for its Texas power campus as part of Anthropic's $35 billion AI infrastructure deal, representing a major commercial breakthrough for the Bitcoin mining company pivoting to AI data centers.
The company's Texas campus has two long-term leases worth $19.6 billion, more than 260 times its latest quarterly revenue, as AI companies race to secure power and data-center capacity.