NVIDIA is reportedly in talks to guarantee billions of dollars in debt financing for Nscale's AI data center in West Virginia, tied to Anthropic's $44.6 billion contract.
NVIDIA is reportedly in talks with AI cloud provider Nscale to provide billions of dollars in debt financing guarantees for Anthropic's planned data center in West Virginia, a report by The Information confirmed by Bloomberg states. Nscale's IPO filings show that Anthropic has signed a $44.6 billion contract for the project's first building. This move highlights the aggressive measures chipmakers are taking to secure their construction plans amid growing investor concerns about funding in the AI industry. The guarantee would take the form of a residual value guarantee, where NVIDIA would step in to take over the facility and assist in finding buyers and new tenants if Nscale defaults on construction payments.
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