{"id":1024356,"date":"2026-07-29T08:05:39","date_gmt":"2026-07-29T02:35:39","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1024356"},"modified":"2026-07-29T08:11:25","modified_gmt":"2026-07-29T02:41:25","slug":"nvidia-behind-50-billion-lease-on-texas-data-center-ft-reports","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/29\/nvidia-behind-50-billion-lease-on-texas-data-center-ft-reports\/","title":{"rendered":"Nvidia behind $50 billion lease on Texas data center, FT reports"},"content":{"rendered":"<p>Nvidia has signed leases worth up \u200bto $50 billion for Hut \u200b8&#8217;s Texas data center, the Financial \u200bTimes reported on Tuesday, citing five people familiar with the deal. <\/p>\n<p>Hut 8 said last week its 1-gigawatt Beacon Point \u200ccampus had \u2060a \u2060base-term contract value of $19.6 billion over 15 years, rising \u200bto as much as $50.2 billion if renewal options are exercised. <\/p>\n<p>The company did not disclose the tenant at the time, saying it was an &#8220;existing investment-grade customer&#8221; which would install computing equipment at \u2060the site \u200cto support large-scale AI training and operations.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nvidia has signed leases worth up \u200bto $50 billion for Hut \u200b8&#8217;s Texas data center, the Financial \u200bTimes reported on Tuesday, citing five people familiar with the deal. Hut 8 said last week its 1-gigawatt Beacon Point \u200ccampus had \u2060a \u2060base-term contract value of $19.6 billion over 15 years, rising \u200bto as much as $50.2 billion if renewal options are exercised. The company did not disclose the tenant at the time, saying it was an &#8220;existing investment-grade customer&#8221; which would install computing equipment at \u2060the site \u200cto support large-scale AI training and operations.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1024356","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024356","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1024356"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024356\/revisions"}],"predecessor-version":[{"id":1024377,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1024356\/revisions\/1024377"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1024356"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1024356"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1024356"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}