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

Nscale is in talks to sell AI computing power to Claude maker Anthropic in a new deal that could be worth about $45 billion, a person familiar with the matter told Reuters on Monday. The data center developer is seeking another major deal with the AI lab for a second facility at its Monarch data center campus in West Virginia, the person said. In August, Anthropic struck a deal to spend $45 billion to rent AI cloud computing power from Nscale's West Virginia data center campus. A second Monarch building would deliver 460 megawatts of computing power using Nvidia's advanced Vera Rubin AI chips, according to the source. Anthropic did not immediately respond to a Reuters request for comment. Anthropic also has the right of first refusal on Monarch's expected third building, the person said, adding discussions were ongoing and details of the plan could change. Bloomberg, which first reported the news, also said a cohort of investors had urged Anthropic to lower its IPO valuation target after a series of market setbacks for AI companies. Investors have sharpened scrutiny of companies that are i