Nscale and Anthropic Discuss Second $45 Billion Compute Deal

Nscale and Anthropic are negotiating a second computing agreement worth about $45 billion, a proposal that would add substantial capacity at Nscale’s Monarch campus in West Virginia. The talks are ongoing, and the terms could change, according to people familiar with the discussions. The proposed agreement would cover computing capacity in a second building at the campus, with about 460 megawatts powered by Nvidia’s Vera Rubin chips, according to the reports. Anthropic, which develops the Claude chatbot, would use the infrastructure for its artificial intelligence computing needs. The companies have not announced a finalized deal. The proposal follows an agreement reached in August for Anthropic to rent about 460 megawatts of computing capacity at the same campus. Nscale’s filing for a planned initial public offering lists existing Anthropic agreements worth up to about $44.6 billion. Those commitments are subject to delivery and service-availability requirements, and do not represent immediate cash payments. Anthropic reportedly also has a right of first refusal on a proposed third building at Monarch. Nscale is seeking a valuation of roughly $30 billion in its planned...