Nvidia weighs guaranteeing Nscale’s West Virginia AI data center debt
A residual-value guarantee would cover Nscale construction debt for a campus whose first building has a $44.6 billion Anthropic contract.
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Nscale and Anthropic reportedly discuss another $45 billion compute deal
Bloomberg sources say a second deal of that size is near, while both companies pursue IPOs.
Executives expect a neocloud shakeout that could hit Nvidia sales
Only seven to ten providers may remain, while Nvidia's non-hyperscaler sales hit $40 billion in the July quarter.
Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing
British AI neocloud Nscale raised $3.36 billion in convertible notes ahead of a US IPO.
Anthropic signs $11.6 billion cloud deal with Akamai, pushing its compute spending past $500 billion in under a year
Anthropic signed a seven-year $11.6 billion Akamai cloud deal, lifting reported compute commitments past $517 billion.
Nvidia-backed Nscale keeps its biggest customer, Bytedance, out of its IPO filing
Nvidia-backed Nscale omitted its largest customer, ByteDance, from its IPO filing despite the Chinese company accounting for 73% of its 2025 revenue.
Nscale’s IPO will test Wall Street’s appetite for concentrated AI bets once again
Nscale's planned NYSE IPO concentrates revenue on Microsoft and Anthropic compute contracts worth about $88 billion.
Nscale adds former OpenAI exec Fidji Simo to its board ahead of potential IPO
AI data center startup Nscale appointed former OpenAI executive Fidji Simo to its board ahead of a planned fall IPO and reported $3.5 billion raise.
AI compute provider Nscale is looking for $3.5B in pre-IPO financing
British AI compute provider Nscale seeks $3.5B pre-IPO via $1.5B convertible notes and $2B from Nvidia ahead of a possible September IPO.