Technology & AI

Nscale reportedly in talks to sell compute to Anthropic

Nscale, a data center developer, is reportedly negotiating a deal worth about $45 billion with the AI lab. The talks come as Nscale prepares for a public listing.

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What happened

Nscale, a UK data centre group backed by Nvidia, is in talks to supply computing power to the AI lab Anthropic in a deal reportedly worth about $45 billion. Bloomberg News reported the talks citing people familiar with the negotiations. Nscale's SEC filing later referenced a $44.6 billion Anthropic compute deal as part of a $51 billion backlog, as the company seeks a $35 billion IPO valuation on the NYSE.

Why it matters

The deal would be a second large agreement between the two companies, with Anthropic seeking more computing power. It is tied to Nscale's planned initial public offering.

Coverage

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