Hut 8 (HUT) announced a partnership with Anthropic and Fluidstack to accelerate the deployment of hyperscale AI infrastructure in the United States. As part of the partnership, Hut 8 will develop and deliver at least 245 megawatts and up to 2,295 MW of AI data center infrastructure for Anthropic, leveraging clusters operated by Fluidstack. The partnership is structured across several tranches that together establish a path to deploy at least 245 MW and up to 2,295 MW of utility capacity. The partnership will launch at the company’s River Bend campus in Louisiana, where Hut 8 and Fluidstack will develop an initial 245 MW of IT capacity, supported by 330 MW of utility capacity. Hut 8 grants the tenant a right of first offer for up to 1,000 MW of additional IT capacity at River Bend, subject to the expansion of power at the site. As part of a strategic partnership, Hut 8 and Anthropic may jointly diligence and develop up to 1,050 MW of additional optional capacity to scale across Hut 8’s development pipeline beyond River Bend.
Claim 70% Off TipRanks This Holiday Season
- Unlock hedge-fund level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on HUT:
- Unusually active option classes on open December 15th
- IREN Stock Sank over 21% in November — How Will It Fare in 2026?
- Crypto Currents: Twenty One Capital debuts on NYSE
- Crypto Currents: Vanguard opens spot digital asset ETF trading
- Crypto Currents: Strategy unveils credit gauge, Robinhood eyes new markets
