Compute / the Ledger · 1 deal
Who is paying whom for compute.
Every deal dated, typed in plain words, and linked to the document it comes from.
The LedgerRead against its source
Deals with Dell Financial Services as a party. Dell Financial Services’s page · Show every party
| Announced | Deal | Parties | Type | Value | Terms | Source |
|---|---|---|---|---|---|---|
| 18 Sept 2026 | Dell Financial Services leases computing equipment to Nscale under 40 schedules totalling about $2.54B of initial-term rentSignedTwo Global Framework Agreements dated April 2026 (form dated 2026-04-17, Exhibit 10.20) with Dell Financial Services L.L.C. as funder, for equipment lease financing of computing and data center equipment. As of 2026-09-04, 40 payment schedules fully executed, with aggregate initial-term rent of approximately $2.54B including financing charges of approximately $34.8M. Ward County schedules: four-month initial term, rent monthly in advance; North Carolina schedules: three-month initial term, rent monthly in arrears; both commencing 2026-08-01 or 2026-09-01 with 1- or 2-month extension options. Secured on the equipment and guaranteed by Nscale Global Holdings Ltd (guaranty dated 2026-04-18). |
| Loan against chips | $2.54Bapprox. $2.54B aggregate initial-term rent across 40 schedules, incl. ~$34.8M financing charges | Nscale Form S-1, filed 2026-09-18Regulatory filing |
chip named on 0 of 1 · term on 0 · price on 0
Download CSVthis view · source on every row
How the Ledger is kept
- Every row is a deal read in its source, and links to that source.
- Every row says what kind of document it comes from: a regulatory filing, the company’s own release, an earnings call, or a news report. A news report stays a news report until a filing confirms it.
- Values are the headline figures as the parties disclosed them, in US dollars, unadjusted. “Undisclosed” means they did not say.
- The end date is the start plus the term, worked out here — it is not a reported figure.
- Facts only. The Ledger holds no view on any deal.