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People familiar with the matter say Nvidia is in talks to provide a multi-billion-dollar debt credit guarantee for AI cloud service provider Nscale, to be used to build a 460-megawatt data center in West Virginia; the facility will be equipped entirely with Nvidia Vera Rubin GPUs and leased to Anthropic. The agreement takes the form of a residual-value guarantee on the data center assets themselves, rather than on the lease or the chips, which would allow Nscale to obtain investment-grade financing; if Nscale fails to pay construction costs on schedule, Nvidia will pay on its behalf and temporarily take over the facility. According to a report by The Information confirmed by Bloomberg, under the residual-value guarantee arrangement, if Nscale defaults on construction payments, Nvidia will temporarily take over the facility and help find a buyer and new tenants. Nscale's IPO filing shows that Anthropic has signed a $44.6 billion contract for the first building of the project; that building has a capacity of 460 megawatts and is expected to use Nvidia's next-generation Vera Rubin chips, and the two sides are also in talks on another building worth about $45 billion. Nvidia and Nscale have not yet publicly confirmed the guarantee arrangement.
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Nov 1
TMTPost · AGI
Edge AI Daily Morning Brief: Meta's credit outlook downgraded, OpenAI lowers fundraising target, Anthropic files…
S&P downgraded the outlook on Meta's AA- long-term issuer rating from stable to negative, making it the first of the four hyperscale cloud providers to be flagged with a warning over AI infrastructure spending; its free cash flow in Q3 2026 was -$2.12 billion, turning negative for the first time since 2012. OpenAI lowered its fundraising target for this round twice within two weeks, from raising $30 billion at a $1.4 trillion valuation to raising about $20 billion at a $1.25 trillion valuation. Anthropic filed IPO prospectus documents with the SEC on October 31, disclosing nearly $900 billion in off-balance-sheet future obligations.
Oct 31
TMTPost · AGI
Edge AI Daily Morning Brief: Alphabet stock falls 12.6% after earnings; NVIDIA open-sources Nemotron 3.5…
Alphabet reported third-quarter 2026 earnings per share of $2.12, far below Wall Street's expected $3.02; its stock closed down 12.6% after the earnings report, with market value evaporating nearly $500 billion in a single day. NVIDIA opened the weights of the Nemotron 3.5 Transcribe model on October 28, 2026; it uses a MoE architecture with about 34 billion total parameters, activating only about 4.3 billion per forward pass, supports transcription in 40 languages, and can distinguish up to 8 speakers. Since June 2026, Anthropic has run a "self-evaluation" safety mechanism in production that can catch 78% of violating conversations flagged by a heavy prompt classifier, with a 94% detection rate for high-risk abuse, at an additional inference compute cost of less than 2%.
TechCrunch AI
Nvidia in talks to provide debt guarantee for Nscale's West Virginia AI data center
According to The Information, confirmed by Bloomberg, Nvidia is in talks to provide a multibillion-dollar debt financing guarantee for AI cloud provider Nscale's data center in West Virginia, which will be used by Anthropic. Under a residual value guarantee arrangement, if Nscale defaults on construction payments, Nvidia will temporarily take over the facility and help find buyers and new tenants. Nscale's IPO filing shows that Anthropic has signed a $44.6 billion contract for the project's first building, which has a power capacity of 460 megawatts and is expected to use Nvidia's next-generation Vera Rubin chips; the two sides are also negotiating another cooperation worth about $45 billion for a second building.
Sina Tech
Nvidia Plans to Provide Debt Guarantee for Nscale's Anthropic Data Center Project
Sources familiar with the matter say Nvidia is in talks to provide AI cloud service provider Nscale with a multi-billion-dollar debt credit guarantee for the construction of a 460-megawatt data center in West Virginia; the facility will be equipped entirely with Nvidia Vera Rubin GPUs and leased to Anthropic. The agreement takes the form of a residual-value guarantee on the data center assets themselves, rather than on the lease or the chips, which could allow Nscale to obtain investment-grade financing; if Nscale fails to pay construction costs on schedule, Nvidia will pay on its behalf and temporarily take over the facility. Nscale previously disclosed in its prospectus that it had signed a $45 billion contract with Anthropic, and Anthropic also plans to sign for the second phase of the campus.
Oct 30
Wallstreetcn
Nvidia Plans to Provide Credit Guarantee for Nscale's Over $5 Billion Data Center Construction Financing
Nvidia is in talks with emerging AI cloud service provider Nscale to provide over $5 billion in credit guarantees for the debt financing of a 460-megawatt data center Nscale plans to build in West Virginia, USA; the agreement has not yet been signed. The data center will serve Anthropic, with the two parties having signed a $45 billion lease contract, and the facility will be equipped with Nvidia Vera Rubin GPUs. The guarantee takes the form of a residual value guarantee and covers the data center facility itself rather than the lease or the chips. To date, Nvidia has provided approximately $170 billion in credit support and investment to customers including emerging cloud providers.
Rohan Paul
Nvidia in talks to guarantee over $5 billion in construction debt for Nscale's 460MW Anthropic data center
Nvidia is in talks to guarantee potentially more than $5 billion in construction debt for Nscale's 460MW Anthropic data center in West Virginia, according to The Information. The unsigned agreement guarantees the building value rather than the lease or chips, which could allow Nscale to borrow on investment-grade terms. If Nscale defaults on construction payments, Nvidia will pay on its behalf, temporarily operate the site, and arrange a sale and leaseback.
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