Microsoft and Anthropic Drive Nscale's $103 Billion in Contracts

UK cloud provider Nscale's contract backlog grew 1,000-fold over three years to $103 billion. Microsoft and Anthropic account for most of the demand, driven by the need for AI computing capacity.

• Nscale's contract backlog grew 1,000-fold in three years
• Total contract value reached $103 billion
• Microsoft and Anthropic are the main clients
• Demand stems from AI compute capacity shortage