Market2026-09-02

Nscale told prospective investors it holds about $103 billion in contracted revenue. The figure roughly doubled after a reported deal with Anthropic. West Virginia's governor's office acknowledged reports of a roughly $45 billion, six-year agreement. That deal would give Anthropic computing capacity at Nscale's West Virginia campus. The office called it a reported agreement and did not confirm its terms. Contracts average 5.7 years, implying about $18 billion a year. Nscale described the figures as illustrative, not formal revenue guidance. No listing date was set in the materials, though September 2026 was floated. Reuters reported the figures from investor documents seen by The Information.

What changed

Nscale's pitched contracted revenue stood at about $51 billion.

  • $103bn contracted revenue
  • up from about $51bn
  • ~$45bn six-year Anthropic deal
  • contracts average 5.7 years

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