Compute · the Ledger · Capacity contract
Nscale contracts to supply Microsoft with about 200,000 Nvidia GB300 GPUs across Texas, Portugal, the UK and Norway
Signed · announced 15 Oct 2025 · the week to 17 Oct 2025
- Size
- undisclosed
- GPUs
- 200,000 × GB300
No dollar value disclosed; multi-year.
The parties
- Microsoftcompany pageBuyer
- Nscalecompany pageProvider
The source
Nscale press release, 2025-10-15Company press release
Texas ~104,000 GPUs (~240 MW, from Q3 2026); Sines, Portugal ~12,600 (from Q1 2026); Loughton, UK ~23,000 (from Q1 2027); Narvik, Norway ~52,000 via the Aker-Nscale JV. The site figures add to about 191,600 GPUs, against the 200,000 headline. Accelerator as stated: NVIDIA GB300.
The same parties, other deals
- Nscale agrees to provide Anthropic dedicated GPU infrastructure at its Monarch Compute Campus for up to about $44.6B$44.6B · 18 Sept 2026
- Nscale agrees to acquire Anyscale for $1.65B, settled in Nscale equity$1.65B · 18 Sept 2026
- Dell Financial Services leases computing equipment to Nscale under 40 schedules totalling about $2.54B of initial-term rent$2.54B · 18 Sept 2026
- Nscale signs a multi-year GPU services agreement with Figure AI and takes a strategic stake in Figureundisclosed · 18 Sept 2026
- Nscale Services UK enters a $1.4B senior secured delayed-draw term loan to finance GPUs, at Term SOFR plus 5.00%$1.4B · 18 Sept 2026
- Nscale enters a revolving credit facility with JPMorgan Chase as agent, upsized from $770M to $900M$900M · 18 Sept 2026