Skip to content
Friday, October 23, 2026 · Today’s edition, 6:30 a.m. ETFri, Oct 23 · 6:30 a.m. editionSign inMy Desk 0EditionsSign in

Anthropic in talks for second $45bn Nscale lease at West Virginia campus

The reported 460MW contract would double Anthropic's committed capacity at Monarch to 920MW, alongside Microsoft's 1.35GW.

At a glance

  1. The report, relayed by Data Center Dynamics, describes a second building at the under-development site, capacity built around Nvidia's Vera Rubin chips, and a right of first refusal for Anthropic on a third building.
  2. Anthropic signed a $45 billion, 460MW agreement at Monarch in August 2026, so the new lease would take its committed capacity at the site to 920MW.
  3. Signed and reported capacity at Monarch would total 2.27GW, a little over a quarter of the 8GW the site could eventually hold.

Anthropic is in talks to lease 460MW more at Nscale's Monarch campus in West Virginia, in a contract that could be worth up to $45 billion, Bloomberg reported, citing a person familiar. The report, relayed by Data Center Dynamics, describes a second building at the under-development site, capacity built around Nvidia's Vera Rubin chips, and a right of first refusal for Anthropic on a third building. The terms rest on a single unnamed source and have not been confirmed by either company.

Anthropic signed a $45 billion, 460MW agreement at Monarch in August 2026, so the new lease would take its committed capacity at the site to 920MW. Nscale bought the 2,250-acre site in March 2026. Monarch is planned for up to 8GW, with a 2GW first phase targeted for the first half of 2028, powered by Caterpillar G3500 fast-response natural gas generator sets. Microsoft has signed for 1.35GW there, with Nscale building a large-scale GPU deployment on Nvidia Vera Rubin NVL72 systems.

Signed and reported capacity at Monarch would total 2.27GW, a little over a quarter of the 8GW the site could eventually hold. At the top end, the reported $45 billion contract works out to roughly $98 million per megawatt of contracted capacity.

The commitments sit far ahead of what Nscale operates today: its September IPO prospectus listed five active data centres totalling 55MW, with 12 in development. As this publication reported on 16 October, Nscale's Glomfjord site in Norway is six months behind schedule, with 6.4MW of a planned 30MW operational, according to a Bloomberg report relayed by Data Center Dynamics.

The report also says Microsoft pulled out of one of its capacity deals with Nscale earlier this week because of issues with the UK's grid connection queue.

Monarch commitments reach 2.27GW against an 8GW site plan

Contracted and reported capacity at Nscale's West Virginia campus, in megawatts

  • Monarch, full build-out8K MW
  • Monarch first phase, target H1 20282K MW
  • Microsoft, signed1.4K MW
  • Anthropic, signed Aug 2026460 MW
  • Anthropic, reported talks460 MW
Source: Data Center Dynamics citing Bloomberg · Oct 2026
Show as table
ItemValue (MW)
Monarch, full build-out8K MW
Monarch first phase, target H1 20282K MW
Microsoft, signed1.4K MW
Anthropic, signed Aug 2026460 MW
Anthropic, reported talks460 MW

Reported by the Data centers & fiber desk from Data Center Dynamics and Bloomberg (via Data Center Dynamics). Published . Corrections

Related

Infrastructure

Anthropic's $45bn Nscale lease prices the IPO backlog

A reported six-year, 460MW deal would put a named tenant behind Nscale's $51 billion contracted-revenue backlog before the neocloud's September listing.

Infrastructure

Nscale's $3.36 billion raise is a bet on 5 percent energized GPUs

The notes convert to ordinary shares at listing, so the pre-IPO money is a wager on the public price, not on a data center fleet that is 5 percent switched on.

Infrastructure

Nscale's Glomfjord data center six months behind schedule as IPO nears

Only 6.4MW of the Norwegian site's planned 30MW is operational, according to a Bloomberg report relayed by Data Center Dynamics.

Infrastructure

O3 Group plans Benghazi data center for March 2027

The Libyan operator gave no capital figure, capacity or named customer; international connectivity would use the Medusa cable.

Infrastructure

Meta has converted Ohio Facebook site into first phase of AI campus

The New Albany site is planned to scale to a gigawatt with roughly one million GPUs; it has already trained Meta's Muse models.

Private Infrastructure Dailyfrom Private Wealth Daily

Energy transition, digital infrastructure and core-plus funds. Weekdays at 7:25 a.m. ET.

Free. Weekday mornings. Unsubscribe from any edition in one click.

From other sections