Market Chatter: Nscale Touts $103 Billion in Contracted Revenue Ahead of Potential IPO

08:00 AM EDT, 09/03/2026 (MT Newswires) -- Nvidia (NVDA)-backed Nscale is telling prospective investors it has about $103 billion in total contracted revenue following a $45 billion computing deal with Amazon (AMZN)-backed Anthropic, The Information reported Thursday, citing documents it reviewed. The UK-based neocloud provider, which is gearing up for a potential initial public offering as soon as September, said it had $51 billion in contracted revenue before the Anthropic deal, the report said. Nscale contracts average 5.7 years, implying roughly $18 billion in annual contracted revenue, though the figures are illustrative rather than formal guidance, the report said, citing a person familiar with the discussions. Nscale and Anthropic did not immediately respond to MT Newswires' request for comment. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)