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Nscale touts $103 billion contracted revenue ahead of potential IPO, The Information reports

By Thomson Reuters Sep 2, 2026 | 5:40 PM

Sept 2 (Reuters) – Nscale is telling prospective investors it has about $103 billion of total contracted ​revenue ahead of an initial ‌public offering that could come as soon as this month, The Information reported on Wednesday, citing documents shared ‌with ​the investors.

Reuters had ⁠reported in late August ⁠that Anthropic would spend $45 billion to rent AI cloud computing power from Nscale’s West Virginia data ​center campus.

• The Nscale contracts average 5.7 years in ⁠duration, implying about $18 ⁠billion in annualized contracted revenue, ​according to the documents reviewed by ​The Information.

• Another source familiar ‌with the discussions cautioned that the Nscale figures are “illustrative” and not intended as a formal revenue ⁠guidance, the report said.

• Nscale, which is backed by Nvidia , did not immediately ⁠respond to ‌a Reuters request for ⁠comment.

• The UK-based company, ​a ‌cloud infrastructure provider, will ​deploy Nvidia’s ⁠new Vera Rubin chips to support Anthropic’s computing needs as part of the $45 billion deal.

(Reporting by Pooja Menon in Bengaluru; Editing by ​Sahal Muhammed)