据报道 Nscale 与 Anthropic 正洽谈再签一笔 $45B 算力协议
Nscale and Anthropic are reportedly in talks for yet another $45B compute deal
- 1彭博援引知情人士称，Anthropic 与算力厂商 Nscale 正洽谈再签一笔 $45 billion 算力协议，细节仍可能变化。
- 2一个月前两家刚宣布过同等规模的 $45 billion 算力合作，新交易将加入 Anthropic 一年来的巨额算力交易序列。
- 3Nscale 正寻求上市，彭博报道称其 $30 billion 的拟议估值遭遇投资者阻力。
- 4巨额算力支出已令部分投资者担忧投入与利润不匹配，Anthropic 仍坚持推进此类合作并相信最终会有回报。
同一对公司在一个月内商谈第二笔同等规模算力协议，头部模型厂商的算力锁定竞赛仍在加码，而交易双方都处在上市窗口期。
- 影响：算力供应正被巨额长约集中锁定，依赖模型服务的企业面临的上游产能与成本走向受此类交易影响；大额投入与利润的落差已引发投资者担忧，相关公司上市估值开始承压。
- 参考：可考虑把算力长约持续加码纳入 AI 预算情景，先算出自家模型服务用量与替代供应商清单；关注两家公司的 IPO 进展，可作为判断行业资金面的一个信号。
- 依据：彭博援引知情人士称谈判仍在进行且细节可能变化，两家公司尚未确认；Nscale 拟议 $30 billion 估值遇阻力亦为彭博报道口径。
In Brief
Posted:
4:39 PM PDT · October 19, 2026
A little over a month ago, Anthropic and AI infrastructure provider Nscale announced a $45 billion compute deal. Now, the duo may be about to do it again.
Bloomberg reports that the two companies are said to be on the verge of announcing yet another $45 billion compute deal, citing people familiar with the matter. Those sources cautioned that talks are still under way and that the details could change.
If the deal goes through, it would be the latest in a long string of giant compute deals Anthropic has struck over the past year. TechCrunch reached out to Nscale and Anthropic for more information and will update this story if we hear back.
The massive amount of money being sunk into AI compute deals has spooked a certain segment of investors, who worry that companies are spending too much money for too little profit. Still, Anthropic has pressed on with such partnerships, driven by the belief that it will all pay off in the end.
Both Anthropic and Nscale are also currently pursuing IPOs. Anthropic is still expected to go public this year. Nscale is also seeking to go public, although Bloomberg reported today that the company is experiencing investor pushback over its proposed valuation of $30 billion.
来源：TechCrunch · AI · techcrunch.com