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Nscale's total backlog surpasses $103 billion with Anthropic deal

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NVDA NVIDIA Corp
$224.41 +3.21%
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  1. 1Nscale told investors that a $45 billion computing contract with Anthropic (ANTP) brings its total backlog to approximately $103 billion.
  2. 2Revenue, which was $37 million in Q1, is estimated to have surpassed $100 million in Q2, even though the Anthropic contract has not yet been reflected in results.
  3. 3The NVIDIA (NVDA)-backed company demonstrates AI compute demand through its massive order backlog and is expected to go public as early as this month.

This 3-line summary is compiled from the report below.

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