Nscale reported in talks with Anthropic on compute deal worth about $45 billion
Version 2: Added the full story and tightened attribution; the news itself is unchanged.
In short
Nscale is negotiating a compute supply agreement with Anthropic that could be worth about $45 billion, CLS reported, citing people familiar with the talks. The deal would involve the second facility of Nscale's Monarch data center campus in West Virginia, with 460 megawatts of capacity.
Read the full story 1 min read
CLS reported on 20 October, citing people familiar with the negotiations, that Nscale is in talks with Anthropic on a compute supply deal with a total value of about $45 billion. Jiemian also reported the talks, describing the potential deal as about $45 billion in size. [ 1 , 3 ]
According to CLS, the arrangement would be based at the second facility of Nscale's Monarch data center campus in West Virginia and would provide 460 megawatts of computing power using Nvidia Vera Rubin AI chips. Jiemian said the facility is expected to use the Vera Rubin chips and provide 460 megawatts. [ 1 , 3 ]
CLS said the deal could be finalized within days and would greatly improve Nscale's IPO prospects. It said the company plans to seek a valuation of about $30 billion when it lists. 36Kr carried the CLS report in its summary. [ 1 , 2 ]
Why it matters
CLS reported that a deal would greatly improve Nscale's IPO prospects, as the company plans to seek a valuation of about $30 billion when it lists. The documents give no further detail on the terms.
Key facts
- Nscale is in talks with Anthropic on a compute supply deal with a total value of about $45 billion. [ 1 , 2 , 3 ]
- The deal involves the second facility of Nscale's Monarch data center campus in West Virginia. [ 1 , 2 , 3 ]
- The facility would provide 460 megawatts of computing power. [ 1 , 2 , 3 ]
- The facility is expected to use Nvidia Vera Rubin AI chips. [ 1 , 2 , 3 ]
- The deal could be finalized within days, according to CLS, citing people familiar with the talks. [ 1 , 2 ]
- Nscale plans to seek a valuation of about $30 billion in its IPO. [ 1 , 2 ]
Confirmed by several sources
Still unclear
- Whether and when the deal will be signed. CLS, citing people familiar with the talks, said it could be concluded within days; no document reports a signed agreement.
- Nscale's planned IPO valuation of about $30 billion. Only CLS, repeated by 36Kr, reports this figure.