Anthropic invests another $45 billion to accelerate its "computing power buildup" ahead of its IPO.

Anthropic signed a large-scale computing power procurement agreement with data center operator Nscale, further solidifying its pre-IPO infrastructure layout.

According to Bloomberg, citing sources familiar with the matter, the deal is worth $45 billion and covers computing resources at Nscale’s flagship data center in West Virginia. The contract is for six years and involves approximately 460 megawatts of power supply.

Nscale will use NVIDIA's Vera Rubin chip to power Anthropic, which is expected to be available by the end of next year.

This is the latest in a series of computing power agreements recently signed by Anthropic. Its valuation reached $965 billion in May, and the market anticipates a record-breaking initial public offering. Meanwhile, Nscale is also seeking to complete its listing as early as next month, and securing Anthropic as a major tenant is crucial to its IPO process.

At the same time, Anthropic launched a Chrome version of Claude for all paid subscribers, adding new browser self-operation features.

Anthropic accelerates its computing power procurement, with multiple large-scale agreements being finalized in quick succession.

Anthropic has signed large contracts with several computing power providers in recent months. These agreements include:

The company has already signed a $50 billion deal with emerging cloud computing provider Fluidstack, a $10 billion deal with infrastructure startup Volta Infra Holdings, and a $45 billion deal with SpaceX. This deal with Nscale further expands its procurement portfolio.

The rapid completion of these transactions reflects Anthropic's strategic intention to lock up computing resources on a large scale in preparation for its IPO.

For AI companies that rely on massive computing power to train and run large language models, securing multi-year supply contracts in advance not only guarantees the computing resources needed for business expansion, but also sends a strong signal of demand to potential investors.

The West Virginia campus was enormous, and Microsoft had previously withdrawn, giving up space there.

The subject of the agreement signed between Nscale and Anthropic is the first of three buildings in its Monarch campus in West Virginia.

According to the planning documents, the total capacity of the park after completion will be approximately 1.35 gigawatts. Including the supporting self-provided power plant, the overall development cost is approximately US$71 billion, of which AI chips alone account for US$47 billion. The servers in the remaining buildings of the park are expected to start supplying power in 2028.

Sources familiar with the matter revealed that the site was originally intended to be leased by Microsoft. Microsoft announced in March that it had signed a letter of intent indicating its intention to reserve the data center, and the two companies had previously collaborated in Europe. However, Microsoft withdrew from the West Virginia project earlier this summer, thus making room for Anthropic.

Nscale is rushing to IPO, having already secured approximately $51 billion in contract revenue.

This agreement with Anthropic is of critical significance for London-based Nscale.

As an emerging cloud computing provider specializing in AI computing power leasing, Nscale, along with CoreWeave, is a representative company in this emerging sector. According to previous media reports, Nscale has disclosed to potential investors that it has secured approximately $51 billion in contract revenue before its IPO.

Nscale boasts a formidable board of directors, including former Meta Platforms executives Sheryl Sandberg and Nick Clegg. Furthermore, Nscale is developing a large data center campus in Norway, which will be used by Microsoft.

According to the planning documents, once the Monarch campus is fully operational, it will directly create approximately 645 jobs in West Virginia and indirectly create approximately 3,600 jobs statewide. The construction phase of the campus will directly employ 4,375 construction workers.

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