Anthropic's rumored US$35 billion Lambda deal shows how far Nvidia will go to bankroll its own customers

This $35 billion deal between Lambda, backed by Nvidia, and Hut 8 underscores Nvidia's strategic push into AI infrastructure, reinforcing its dominance over upstream chip demand and downstream model training resources. The transaction accelerates the synergy between GPUs and AI-specific chips, particularly in data center efficiency and compute scheduling. From a regulatory standpoint, such consolidation risks antitrust scrutiny, especially concerning control over critical compute resources. Competitors like AMD, Google, and Meta may respond by accelerating independent data center development or forming cloud alliances. Over the next 12–24 months, this trend will likely intensify global capitalization of AI compute, solidifying Nvidia’s hegemony and reshaping semiconductor supply chains and technology roadmaps worldwide.