Nscale and Anthropic discuss additional US$45 billion AI capacity contract
Bloomberg reported that the proposed agreement would cover a second West Virginia building, following an August contract of the same size.
Anthropic could purchase about US$45 billion more in AI computing capacity from Nscale under negotiations reported by Bloomberg, which cited people familiar with the matter. Signing could take place within days, though the terms could change. Neither company agreed to comment to Bloomberg.
The proposed expansion involves a second building at Monarch, Nscale’s campus in West Virginia’s Mason County. Bloomberg’s sources said it would supply 460 megawatts of power for the forthcoming Nvidia Vera Rubin chips.
An August agreement already commits Anthropic to spending US$45 billion over six years on rented capacity in Monarch’s first building. Bloomberg said Anthropic also has first-refusal rights for a third building that is planned.
The negotiations come as London-based Nscale pursues a New York listing with a targeted valuation of about US$30 billion. Its filing values the Anthropic agreements at as much as US$44.6 billion. Separately, hedge fund Third Point led Nscale’s US$3.36 billion pre-IPO round, which closed in September.
Anthropic is making preparations for its own stock market listing. According to Bloomberg, some investors have urged it to cut its target IPO valuation after setbacks for AI stocks.
