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Anthropic and Nscale to Sign Another $45 Billion Compute Deal

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According to a TechCrunch report citing Bloomberg, on October 20, 2026, sources said Nscale and Anthropic are in talks to sign another $45 billion compute deal. About a month earlier, the two sides had already announced a deal of the same size ($45 billion); if the new agreement is reached, the total scale will expand further. The report noted that negotiations are still ongoing and details may change. Meanwhile, both companies are pursuing IPOs: Anthropic still expects to go public this year; Nscale is seeking to list at a $30 billion valuation but has met investor resistance, with some investors concerned that massive compute spending will yield insufficient profits.

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10/20
  1. TechCrunch · AI
    Nscale and Anthropic are reportedly in talks for yet another $45 billion compute deal

    Citing sources, Bloomberg reports that Nscale and Anthropic are negotiating another $45 billion compute deal, roughly a month after the two announced a deal of the same amount; talks are ongoing and details may change. Both companies are pursuing IPOs: Anthropic still expects to go public this year, while Nscale is seeking to list at a $30 billion valuation but faces investor resistance, with some investors concerned that massive compute spending may not yield sufficient profits.

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