Key facts
- Nvidia may guarantee billions in debt financing for Nscale's AI data center.
- Anthropic has a $44.6 billion contract for the first 460-megawatt building.
- Nscale plans to deploy nearly 500,000 advanced AI chips.
- Microsoft withdrew from a planned Nscale site in England due to power delays.
- Nvidia has provided about $170 billion in investments and credit support to the sector.
Nvidia is reportedly in talks to guarantee billions in debt financing for Nscale's planned AI data center in West Virginia, a move that would deepen its financial ties to the cloud provider. The arrangement, which would involve Nvidia co-signing loans for electricity and construction costs, aims to help Nscale secure funding for its ambitious projects amid investor concerns about the high costs involved in AI infrastructure buildouts. Anthropic has already signed a $44.6 billion contract for the first building of the West Virginia campus, which is expected to use Nvidia's next-generation chips. This comes as Nscale faces challenges in delivering its projects and as Microsoft recently withdrew from a planned Nscale site in England due to power delays.