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Live Updates  >  Live Update Details

2026-10-31 05:46:24

According to sources familiar with the matter, Nvidia is in talks to provide billions of dollars in debt credit guarantees to emerging AI cloud service provider Nscale. The funds will be used to build a 460-megawatt data center, which will be dedicated to Anthropic. The deal is not yet finalized, and the terms are subject to change. This event further highlights Nvidia's continued financial support for emerging cloud vendors like Nscale, CoreWeave, and Firmus. These vendors have already incurred significant debt to build dedicated data centers to meet AI computing power demands and currently require further financing, thus facing considerable pressure from investors.

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