🇺🇸AI-cloud provider Nscale is negotiating a potential $45 billion agreement with Anthropic involving its proposed 460-MW Monarch 2 facility in West Virginia.

Reports attributed to people familiar with the negotiations describe a potential compute-supply agreement worth approximately $45 billion. The transaction remains under negotiation in the supplied material; no executed contract or completed financing is disclosed.

The proposed arrangement concerns the second facility at Nscale’s Monarch data-center campus in West Virginia, also identified as Monarch 2. It is expected to use NVIDIA Vera Rubin AI chips, with reported capacity of 460 MW; the source does not distinguish IT load from total facility power or provide a GPU count.

The reporting also states that Nscale is seeking an approximately $30 billion valuation in an initial public offering (IPO). That is a targeted listing valuation, not a completed IPO valuation or the value of the prospective Anthropic contract.

Separately, a financialjuice message attributed to The New York Times said Microsoft remained committed to its partnership with Nscale. Neither report supplies the Anthropic agreement’s duration, pricing schedule, financing conditions, collateral, construction budget, or service-start date.