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Nvidia in Talks to Guarantee Billions for Nscale's Anthropic Data Center, the Information Says

Nvidia in Talks to Guarantee Billions for Nscale's Anthropic Data Center, the Information Says

Oct 31, 2026
TechCrunch

Nvidia is in talks to guarantee billions in debt financing for Nscale's Anthropic data center in West Virginia, The Information reports. Under a residual value guarantee, Nvidia would step in if Nscale defaulted on construction payments. Anthropic has signed a $44.6 billion contract for the first 460-megawatt building, which is expected to use Nvidia's Vera Rubin chips.

OpenAI Cuts Funding Target to $20 Billion from $30 Billion

OpenAI Cuts Funding Target to $20 Billion from $30 Billion

Oct 31, 2026
CNBC

OpenAI now seeks up to $20 billion in its latest funding round, down from an earlier target of about $30 billion, CNBC confirms. The Financial Times reports a $1.25 trillion post-money valuation, with UAE investors and Coatue leading. The round remains open and terms could change as AI stocks fell Friday.

DOJ Questions Nvidia About $12.9 Billion Hugging Face Deal

DOJ Questions Nvidia About $12.9 Billion Hugging Face Deal

Oct 30, 2026
CNBC

The Department of Justice is questioning Nvidia about how its $12.9 billion acquisition of Hugging Face, an open-source platform for hosting and testing AI models, could affect competitors. Hugging Face sells infrastructure and collaboration tools, including to chip companies. Nvidia, which announced the deal in September, declined to comment.

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