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Nvidia negotiates guarantee of over $5B construction debt for Nscale's Anthropic data center

1 article1 sourcesince Oct 29Last article 1h ago ·

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Nvidia is negotiating to guarantee likely more than $5 billion in construction debt for Nscale's 460MW data center in West Virginia that is leased to Anthropic, according to The Information, as reported by Rohan Paul on X. The deal is unsigned.

The guarantee would back the building's value rather than the lease or the chips, which would let Nscale borrow at investment-grade terms.

Under the terms reported, if Nscale missed construction payments, Nvidia would cover them, operate the site temporarily, and arrange a sale and re-lease.

Written by AI from the articles below · updated Oct 29, 8:08 PM ET

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Latest developmentOct 29, 7:45 PM ET
Nvidia is negotiating to guarantee over $5B in construction debt for Nscale's Anthropic data center

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Oct 29
  1. Rohan PaulX
    Nvidia is negotiating to guarantee over $5B in construction debt for Nscale's Anthropic data center

    AINvidia is reportedly negotiating to guarantee likely more than $5 billion in construction debt for Nscale's 460MW Anthropic data center, according to The Information. The unsigned deal would back the West Virginia building's value rather than its lease or chips, letting Nscale borrow at investment-grade terms. If Nscale missed construction payments, Nvidia would cover them, run the site temporarily, and arrange a sale and re-lease.

    Image from @rohanpaul_ai's post

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