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Anthropic and Nscale negotiate billions of dollars agreement

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Based on a feed excerpt; full article content has not been acquired. Source evidence retrieved 20/10/2026, 10:41:24 UTC.

Briefings

Anthropic and Nscale are closing a second agreement worth thousands of millions of dollars to expand Anthropic's computing capacity. The deal involves doubling the previous commitment and includes a new 460 megawatt data center in Virginia. Nscale will handle infrastructure and chips, while Anthropic pays for usage. This move aims to support Anthropic's upcoming IPO and address Nscale's recent financial losses.

Key points

• Anthropic and Nscale signed a second agreement worth thousands of millions of dollars to expand computing capacity.
• The deal includes a new 460 megawatt data center in Virginia, with Nscale responsible for infrastructure and chips.

Context

This agreement follows a previous $45 million deal signed in August and aims to support Anthropic's upcoming IPO. Nscale faces financial pressure with reported losses of $1 billion in the first half of 2026.

Limitations

The agreement details remain unconfirmed as negotiations are not yet complete. Nscale's financial performance and regulatory hurdles for the Virginia project are not fully detailed.

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