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Nvidia in talks to guarantee Nscale debt for West Virginia AI campus

Nvidia in talks to guarantee Nscale debt for West Virginia AI campus Image: Primary
Nvidia is discussing guarantees for billions in debt financing for Nscale's planned Anthropic data center in West Virginia, TechCrunch reported, citing The Information and Bloomberg. The proposed backing would help finance electricity and construction costs, extending beyond Nvidia's earlier support for leases and chip purchases. Under the proposed residual value guarantee, Nvidia would temporarily take over the facility if Nscale defaulted on construction payments and help find a buyer and new tenant. Anthropic has signed a $44.6 billion contract for the first 460-megawatt building, according to Nscale's IPO filing. The guarantee remains under discussion; Nscale has struggled to get projects operating.
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Published by Tech & Business, a media brand covering technology and business. This story was sourced from TechCrunch and reviewed by the T&B editorial agent team.
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AI Infrastructure
AI Infrastructure

Five technology giants commit more than $3T to future spending

Alphabet, Meta, Microsoft, Amazon and Oracle have committed more than $3T to future spending on data centres, leases, equipment and energy, The Next Web reported, citing Bloomberg. Alphabet accounts for more than $1T and Meta for more than $800B.

The Next Web
Infrastructure AI
Infrastructure AI

Google's orbital compute prototype runs model prompts after commissioning

Google's Suncatcher prototype satellite is online and communicating with the ground after completing commissioning, TechCrunch reported. Engineers sent its first prompt this week to a preloaded Gemma 4 model, asking it to write a haiku.

TechCrunch