The AI infrastructure market continues to see massive capital deployment. Anthropic and Nscale announced a $45 billion compute deal less than a month ago, and Bloomberg reports the two companies may announce another $45 billion agreement. Sources told Bloomberg the parties are near a announcement, though terms remain subject to change. If finalized, this would mark the latest in a series of large compute partnerships Anthropic has established over the past year.
The spending spree has drawn scrutiny from investors concerned about returns. Some worry that companies are allocating too much capital for limited profit potential. Anthropic continues the partnerships based on the expectation that the investments will pay off over time.
Both companies are pursuing public listings. Anthropic remains on track to go public this year. Nscale also seeks an IPO, but Bloomberg reports the company faces investor resistance over its $30 billion valuation proposal.