Nvidia weighs credit guarantees for Nscale data centre

Nvidia is discussing billions of dollars in credit guarantees for Nscale’s West Virginia data centre planned for Anthropic, a proposed financing arrangement that remains unsigned and could change, according to people familiar with the talks. The support is intended to help fund construction and power infrastructure for the facility. One reported structure would be a residual-value guarantee covering the value of the building. If Nscale failed to make construction payments, Nvidia could temporarily take over the site and help find a buyer and a new tenant. The reported terms have not been finalized, and the companies have not confirmed the proposal. Anthropic agreed in August to pay $45 billion to rent computing power from the first building on Nscale’s West Virginia campus. The companies are also discussing a separate potential agreement for another building, which could be worth about $45 billion. That second deal remains under discussion and is distinct from the August agreement. The proposed guarantee comes amid a financing need disclosed by Nscale. Its September filing said the company had no binding financing commitments for infrastructure required to fulfil its Anthropic...