Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC

Skip Navigation LIVEFor Investing Club members: Watch Cramer’s Morning Meeting live BREAKING September data shows housing market in a deep freeze cnbc.com Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC Livestream CREATE FREE ACCOUNT Markets Pre-Markets U.S. Markets Currencies Prediction Markets Cryptocurrency Futures & Commodities Bonds Funds & ETFs Business Economy Finance Health & Science Media Real Estate Energy Climate Transportation Investigations Industrials Retail Wealth Sports Life Small Business Investing Personal Finance Fintech Financial Advisors Options Action ETF Street Buffett Archive Earnings Trader Talk Tech Cybersecurity AI Enterprise Internet Media Mobile Social Media CNBC Disruptor 50 Tech Guide Politics & Policy White House Policy Defense Congress Expanding Opportunity Video Latest Video Full Episodes Livestream Live Audio Live TV Schedule CNBC Podcasts CEO Interviews CNBC Documentaries Digital Originals Watchlist Investing Club Trust Portfolio Analysis Trade Alerts Meeting Videos Homestretch Jim’s Columns Education Subscribe PRO Pro News Josh Brown Mike Santoli Calls of the Day My Portfolio Livestream Full Episodes Stock Screener Market Forecast Options Investing Chart Investing Subscribe Livestream Menu Make It select USA INTL Livestream Search quotes, news & videos Livestream Watchlist SIGN IN Create free account Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC Livestream CREATE FREE ACCOUNT Markets Business Investing Tech Politics & Policy Video Watchlist Investing Club PRO Livestream Menu Tech Anthropic in talks with neocloud Nscale over second multibillion-dollar deal, source tells CNBC Published Tue, Oct 20 2026 10:12 AM EDT Kai Nicol-Schwarz@in/kains WATCH LIVE Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via Email Key Points Anthropic is in talks with U.K. neocloud Nscale for a second multibillion-dollar deal to lease computing capacity, a source told CNBC. The two companies previously inked a similar deal for a data center on the same site in the U.S. Publicly listed neoclouds have recently come under pressure, amid concerns over heavy debt. In this article MSFT-2.07 (-0.39%) NVDA-0.68 (-0.31%) NBIS-1.34 (-0.79%) CRWV-0.48 (-0.79%) Follow your favorite stocks CREATE FREE ACCOUNT Anthropic is in talks with U.K. neocloud Nscale for a second multibillion-dollar deal to lease computing capacity at a site in the U.S., a person familiar with the matter told CNBC. The agreement would cover a second 460-megawatt data center at the same West Virginia site as the first deal, the person said. The person asked not to be named because they were not authorized to discuss the talks. The deal could be worth around $45 billion, the person said. CNBC reported the first deal in August. Bloomberg first reported that Anthropic and Nscale were in talks over a second deal. Anthropic declined to comment. Nscale has been approached for comment. cnbc.comAI infrastructure faces headwinds Nvidia-backed Nscale is one of several companies that have emerged in recent years to develop the infrastructure needed to power artificial intelligence. The company builds or leases data centers and sells computing capacity to hyperscalers and AI labs. Rivals CoreWeave and Nebius have seen their shares drop 28% and 27%, respectively, in the past month, amid concerns over heavy borrowing. Nscale has faced its own challenges. On Sunday, U.K. newspaper The Telegraph reported that Microsoft had pulled out of a deal to anchor an Nscale data center just outside London, amid delays connecting to the country’s power grid. An Nscale spokesperson told CNBC that it remained “committed” to the project and was “exploring alternative power sources for the site.” “Our relationship with Microsoft remains strong and long-term, and this unfortunate London-wide grid issue has no impact on our other contracts,” the spokesperson added. The U.K.-based company filed to go public on the New York Stock Exchange in September. cnbc.comAnthropic’s computing push Anthropic said earlier this year that growing demand for itsClaudeAI models and products has caused “inevitable strain” on its infrastructure. Since then, it has announced a flurry of deals with infrastructure partners to try and increase its computing capacity, including major agreements with Advanced Micro Devices, Elon Musk’s SpaceX, Google andBroadcom. Choose CNBC as your preferred source on Google and never miss a moment from the most trusted name in business news. WATCH LIVESTREAMPrefer to Listen? 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