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The Economic Times
The Economic Times
Technology

Nvidia behind $50 billion lease on Texas data center, FT reports

Nvidia has signed leases worth up ​to $50 billion for Hut ​8's Texas data center, the Financial ​Times reported on Tuesday, citing five people familiar with the deal.

Hut 8 said last week its 1-gigawatt Beacon Point ‌campus had ⁠a ⁠base-term contract value of $19.6 billion over 15 years, rising ​to as much as $50.2 billion if renewal options are exercised.

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