Microsoft and Anthropic drive Nscale's $103B in contracts

AI compute provider Nscale saw its contracts grow roughly 1,000-fold over three years to $103 billion, driven mainly by demand from two clients, Microsoft and Anthropic, hungry for AI computing capacity.

• Nvidia-Backed Nscale Files for US IPO2026-09-18
• Microsoft AI chief warns against giving AI a sense of rights2026-09-18
• Traders wary as AI risk debate intensifies2026-09-18
• Major AI Firms Call to Slow Frontier AI2026-09-17
• Microsoft AI CEO Criticizes Anthropic2026-09-17