Anthropic in talks with Nscale for second $45B compute deal at Monarch campus, per Bloomberg
What happened
Bloomberg reported on Oct 19 that Anthropic is in advanced talks with Nvidia-backed AI cloud computing company Nscale for a second compute agreement worth about $45 billion. The deal would cover a second facility at Nscale's Monarch data center campus in West Virginia, sized at roughly 460 megawatts and slated to run Nvidia's next-generation Vera Rubin chips. The negotiations are still ongoing and terms could change; neither Anthropic nor Nscale commented, and Reuters said it could not independently verify the report. The agreement could be finalized within days, and Anthropic would reportedly get a right of first refusal on a planned third building at the site.
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Start your free 14-day trialWho’s affected
- NVDA (Nvidia) — Vera Rubin chips slated for the facility; validates next-gen accelerator demand, though Vera Rubin revenue is already heavily contracted. MSFT (Microsoft) — has existing capacity at Monarch and is Nscale's other anchor customer (~$43.8B); its recent UK exit highlights power-supply execution risk. Private names directly affected: Nscale (IPO in progress) and Anthropic. Broader AI-infrastructure complex (memory, networking, neoclouds) gets a sentiment read-through on AI capex durability.