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Anthropic, Nscale reportedly near second $45 billion compute deal

Anthropic and Nscale reportedly seek a second $45B compute deal, Bloomberg says, as both pursue IPOs.

Bloomberg reported the potential agreement, citing people familiar with the matter. Those sources said talks are still under way and details could change. If completed, the deal would be the latest in a string of large compute agreements Anthropic has reached over the past year.

A little over a month ago, Anthropic and Nscale announced a $45 billion compute deal. TechCrunch has reached out to Nscale and Anthropic for more information and will update this story if the companies respond.

The reported talks come as large spending on AI compute draws scrutiny from some investors, who worry that companies are committing too much money for too little profit. Anthropic has continued to form such partnerships, betting that the spending will pay off.

Both companies are also pursuing initial public offerings. Anthropic is still expected to go public this year. Nscale is seeking a listing as well, though Bloomberg reported today that the company is facing investor pushback over its proposed $30 billion valuation.