Bloomberg reports that Anthropic and AI infrastructure provider Nscale are reportedly near announcing another $45 billion compute agreement, citing people familiar with the matter. Those sources cautioned that negotiations are still underway and that terms could change.
This potential deal would come just over a month after the two companies announced a previous $45 billion compute partnership. If completed, the agreement would add to a run of large-scale compute contracts Anthropic has secured over the past year.
Financial and market context
The large sums being poured into AI compute capacity have alarmed some investors, who worry companies may be spending heavily on infrastructure that might not deliver proportional near-term profits. Despite these concerns, Anthropic has continued to pursue big partnerships on the premise that the investments will pay off in the longer term.
Both companies are also preparing for public listings. Anthropic is still expected to go public this year. Nscale is likewise pursuing an IPO, although Bloomberg reported today that the company is facing investor pushback over its proposed $30 billion valuation.
What’s next
Sources emphasize that talks are ongoing and final terms could change until an agreement is completed. TechCrunch contacted Anthropic and Nscale for comment and will update the story if the companies respond.
