 is in talks to sell Anthropic roughly $45 billion of AI computing capacity from a second building at its Monarch data center campus in West Virginia...](https://cdn.baxtel.com/data-center/anthropic-nscale-in-talks-for-second-45b-deal-at-west-virginia-campus/logo/anthropic-nscale-in-talks-for-second-45b-deal-at-west-virginia-campus-featured.jpg){kind=logo}
Nscale is in talks to sell Anthropic roughly $45 billion of AI computing capacity from a second building at its Monarch data center campus in West Virginia, a deal that would nearly double the AI lab's commitments to the Nvidia-backed neocloud. Bloomberg first reported the talks on Monday, and Reuters confirmed th
Official Nscale high-resolution rendering of its hyperscale AI data center facility design.em through its own source.
Neither company responded to requests for comment.
A second Monarch building
The discussions center on another facility at Monarch, Nscale's campus along the Ohio River outside Point Pleasant. The building would deliver 460 megawatts of computing power running Nvidia's next-generation Vera Rubin chips, and Anthropic also holds a right of first refusal on Monarch's planned third building, the reports said, though terms are not final and could change. The first Monarch agreement, confirmed by CNBC in August, had Anthropic renting about 460 MW at the campus, with Vera Rubin capacity expected online at the end of 2027.
A $103 billion contract book
Listing filings cited by Bloomberg put Anthropic's existing Nscale commitments at roughly $44.6 billion, out of a total contracted value the company says has grown from $100 million to more than $103 billion in two and a half years. Its prospectus names Microsoft and Anthropic as the expected anchor customers.
The London-based developer, founded in 2024 and backed by Nvidia, filed for a New York Stock Exchange listing in September after raising $3.36 billion. The filing showed a $1.02 billion net loss on $140.6 million of revenue for the first half of 2026, though revenue grew more than twelvefold year over year. Baxtel tracks Nscale sites across the US and Europe, including the 234 MW Cedarvale campus in West Texas now under construction.
Anthropic's capacity spree
For Anthropic, the talks extend a rapid campaign to lock up leased capacity. A day earlier, Canadian developer EverWind named Anthropic the customer for the first phase of its planned campus at Point Tupper, Nova Scotia, and the lab is reportedly in lease talks at a large Bastrop County, Texas project.
The spending lands as Anthropic readies an initial public offering, with its infrastructure strategy central to the story it will tell Wall Street. A cohort of investors has urged the company to lower its valuation target after a series of market setbacks for AI companies, Bloomberg reported. Anthropic, which confidentially filed to go public in June, was last valued at $965 billion and is under pressure to justify that number.
New scale for West Virginia
Baxtel tracks 18 data center facilities in West Virginia, most of them small network sites. Monarch is planned as a multi-building campus on the Ohio River in Mason County, with Baxtel tracking 720 MW for its second building alone.
Why it matters
If it signs, the deal concentrates roughly $90 billion of one AI lab's future training capacity with a developer that has yet to complete a facility anywhere near this scale. That is the neocloud wager in its purest form: contracts signed years before buildings finish, backed by chips that have not shipped, financed by an IPO market now being asked to underwrite both sides of the trade.
For Anthropic, doubling down on Nscale bets that dedicated capacity beats waiting in cloud-provider queues. If AI model economics wobble, contracts like this are where the damage shows first.
