Nvidia-backed Nscale, Anthropic in talks for new $45 bil. AI cloud deal, source says

Nscale and Anthropic are reportedly in discussions for a significant new agreement, potentially worth $45 billion, according to a source familiar with the matter. The deal would see Nscale, a leading data center developer, providing AI computing power to the renowned AI lab Anthropic. The first part of this deal was announced in August, where Anthropic committed to renting AI cloud computing power from Nscale's West Virginia data center campus for a value of $45 billion.

Should the talks succeed, Nscale would add another facility at its Monarch data center campus in West Virginia. This additional building would be capable of delivering 460 megawatts of computing power, powered by Nvidia's advanced Vera Rubin AI chips. The source mentioned that Anthropic holds the right of first refusal on this potential third building, with ongoing discussions surrounding the specifics of the plan, indicating that details may yet change.

Anthropic has expressed interest in this potential deal, but has yet to comment on the matter. The company has previously attracted attention for its AI technology, most notably its language model, Claude. The potential deal with Nscale could further bolster Anthropic's capabilities in the competitive AI landscape. However, investors have recently urged Anthropic to reconsider its IPO valuation following market setbacks for AI companies, potentially impacting investor sentiment around the deal.