Nvidia is in talks to guarantee billions of dollars in debt financing for Nscale’s planned AI data center campus in West Virginia, according to The Information; Bloomberg later corroborated the report. The proposed guarantee would cover construction payments: if Nscale defaulted, Nvidia could temporarily take over the facility and help find a buyer and tenant.
Anthropic has signed a $44.6 billion contract for the campus’s first building, planned at 460 megawatts and designed to use Nvidia’s next-generation Vera Rubin chips. The guarantee is under discussion, not a finalized deal, and would deepen Nvidia’s financial ties to Nscale while helping keep a major customer’s project on track.
Why it matters
For Anthropic, a Nvidia-backed guarantee could help keep a large source of computing capacity on schedule; whether the financing deal will be completed remains unknown.