Nscale admits no binding commitments for $32B Anthropic megaproject as losses hit $4 per $1 revenue
GaryMarcus · x · 2026-11-13
Nscale, the Nvidia-backed British neocloud, disclosed in an S-1 amendment that it has "not obtained binding commitments" to fund its Anthropic megaproject, while its debt needs explode, ZeroHedge reports. Nine-month revenue hit a preliminary $307.5M, up 1,344% from $21.3M a year ago, but net loss more than tripled to $1.69B. Q3 alone lost roughly $672M on $167M revenue — about $4 burned for every $1 earned.
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