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Nscale

Reporting on Nscale from Lazy Tensor.

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AI Capital & Semiconductors

Nvidia Backs Nscale GPU Debt as Big Tech AI Capex Nears $650B for 2026

Goldman Sachs arranges a $1.4B debt package for Nscale with Nvidia lease guarantees in Norway, Blackstone projects a double-B rating for Anthropic after its IPO filing, and Intel shares fall 28% on Q4 guidance.

Oct 31, 2026By Lazy Tensor3 min read

Editorial Ligne Claire illustration of a brass balance scale weighing a silicon semiconductor wafer against institutional bond ledgers — Hyperscale AI infrastructure financing accelerated on Oct. 30 with Nvidia backing part of Nscale’s $1.4 billion Norwegian GPU debt deal and combined 2026 capital expenditures across Alphabet, Meta, Microsoft, and Amazon projected at $650 billion.

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