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Nvidia in talks to guarantee debt for Nscale’s Anthropic data centre

The guarantee would cover the West Virginia building that Anthropic plans to use. Nscale’s own filings say Anthropic can walk away if the financing misses a deadline.

Tarun Mottlia

Via TNW | Nvidia

·Excerpt
Nvidia in talks to guarantee debt for Nscale’s Anthropic data centre
Image: Nvidia chief executive Jensen Huang at the Fortune Global Forum in San Francisco, 18 October 2022.

Nvidia is in talks to guarantee billions of dollars of debt for Nscale, the UK AI cloud company. The money would build a West Virginia data centre that Anthropic plans to use. Phoebe Liu first reported the talks for The Information on Thursday 29 October. The deal is not signed, and its terms could still change.

The guarantee would cover the value of the 460MW building itself, The Information reported. Under this kind of deal, called a residual value guarantee…

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