Worth knowing
Nvidia weighs playing the cosigner for Nscale’s AI data center in West Virginia
The potential deal highlights the increasing financial risk Nvidia is taking on to sustain AI infrastructure buildouts and secure chip sales as investors grow cautious about neocloud providers.
Reported by TechCrunch ·
What happened
Nvidia is in talks to guarantee billions in construction debt for AI cloud provider Nscale's planned West Virginia data center, where Anthropic has signed a $44.6 billion contract for the first building. Under the proposed arrangement, Nvidia would step in and temporarily take over the facility if Nscale defaults on construction payments.
Who it’s about
- Nvidia
- Nscale
- Anthropic
Source
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