Overview
- Multiple outlets reported on Thursday that Anthropic has agreed to a roughly $45 billion lease with Nscale for about 460 megawatts of data center capacity over six years.
- Reports say the capacity will use Nvidia’s Vera Rubin architecture at an Nscale campus in West Virginia and is expected to begin coming online in late 2027.
- Anthropic declined to comment and the terms were disclosed to reporters by unnamed, confidential sources rather than by the companies involved.
- The Nscale lease is the latest large commitment in a string of recent deals that include Volta, AMD and SpaceX and follows Anthropic’s confidential IPO filing in June and public revenue projections for 2028.
- Industry and investor scrutiny will focus on when the capacity actually arrives, whether local grid and power hookups can support hundreds of megawatts, how the deal is accounted for, and what the multi‑vendor strategy means for chip suppliers and customers.