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Nvidia is in talks to guarantee billions of debt for the West Virginia campus Anthropic will rent
Nvidia is discussing credit support worth potentially billions of dollars for Nscale's Monarch campus in West Virginia, The Information reported Thursday and Bloomberg confirmed. The guarantees would help Nscale borrow more cheaply to cover construction and electricity. Anthropic agreed in August to rent about $45 billion of compute there over six years, and the two companies have reportedly discussed a second agreement of similar size for another 460 megawatts. Terms are not final, and it is unclear whether Anthropic would be a party.
Nvidia already owns part of Nscale, which has filed for a US listing and is reportedly targeting a of $30 billion to $35 billion. The talks surfaced a day after banks shelved a bond for an Anthropic-linked Texas data center. A chip supplier that guarantees its customer's borrowing is still carrying that credit risk, now on its own balance sheet. SourcesBBC
Sources
- BNvidia in Talks to Offer Credit Support for Nscale Project (Bloomberg)bloomberg.com
- BNvidia Moves to Backstop a Cloud Provider's $45 Billion Anthropic Project (The Information)theinformation.com
- CNvidia Looks To Backstop Nscale's AI Data Center Debt (Finimize)finimize.com
This story ran in the Morning Brief of October 30th 2026.