The Financial Times reported around July 27-28 that Nvidia is the previously undisclosed tenant behind Hut 8's Beacon Point data center campus in Nueces County, Texas, a lease worth $19.6 billion over 15 years that can rise to about $50 billion with renewal options. The 525-acre, gigawatt-scale site is built to Nvidia's DSX reference architecture, and Nvidia may sublease capacity to neocloud partners that buy its GPUs; neither company has directly confirmed the report.
/ Sources
/ About this story
Compiled by Venture Atlas from the sources above, using automated AI-assisted research. This is a summary of reporting published elsewhere, not original reporting - follow the source links for the full account. See our editorial standards.
Something wrong here? Email apostructura@gmail.com and we will fix it.
/ Related
- Nvidia releases Nemotron 3.5 Transcribe for recorded speechWednesday, October 28, 2026
- Nvidia says Vera Rubin is generally available on Oracle CloudTuesday, October 27, 2026
- Nvidia says it will invest $3 billion in Meta and expand MuseTuesday, October 27, 2026
- Meta launches about $35 billion in stock offeringsMonday, October 26, 2026
