Nscale and Anthropic Discuss 45 Billion Dollar Cloud Deal

Nscale is negotiating a potential cloud computing agreement worth about $45 billion with Anthropic, the artificial intelligence company behind Claude, according to a Bloomberg News report published October 19, 2026. The proposed deal would involve computing capacity at a second facility on Nscale's Monarch data center campus in West Virginia. The discussions could expand an existing infrastructure relationship between the two companies as Anthropic seeks computing resources for its AI operations.

Bloomberg reported that Nscale, a data center developer backed by Nvidia, is pursuing another major agreement with the AI company. According to a regulatory filing related to Nscale's planned initial public offering, Anthropic already has agreements with Nscale covering infrastructure valued at as much as approximately $44.6 billion. Bloomberg cited people familiar with the negotiations in its report on the potential additional arrangement.

The reported $45 billion figure represents the potential value of the deal under discussion, while the existing infrastructure agreements are documented in the regulatory filing. The available reports did not establish whether the companies had finalized the proposed agreement.

Nscale and Anthropic did not immediately respond to Reuters requests for comment, according to a Reuters report published October 19. Reuters also said it could not independently verify Bloomberg's reporting on the negotiations. The discussions follow a setback for Nscale involving Microsoft, which withdrew from an agreement to serve as the anchor customer for a flagship data center project. Reuters reported that delays in securing a power connection pushed the expected availability of electricity for that project into the 2030s.

The Microsoft development adds context to Nscale's efforts to secure major customers for its data center infrastructure. The potential Anthropic agreement would focus on a second facility at the Monarch campus in West Virginia, according to Bloomberg's account of the negotiations.