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Anthropic Locks In $45 Billion Of AI Compute From Nscale

Anthropic has signed a deal to rent about $45 billion worth of AI computing capacity from British infrastructure company Nscale, according to a source familiar with the agreement.

The six-year deal, first reported by Bloomberg, will give Anthropic access to computing power based on Nvidia’s Vera Rubin systems. The capacity is expected to begin supporting Anthropic’s services in late 2027.

Nscale Deal Adds To Anthropic’s Compute Push

Nscale was founded in 2024 and has already secured partnerships with companies including Microsoft. Under the new agreement, Anthropic will use capacity from Nscale’s flagship data centre in West Virginia.

Nvidia’s Vera Rubin platform combines six chips designed to work together and represents the company’s latest generation of AI computing technology. For Anthropic, the deal adds another major source of capacity as it expands infrastructure to support growing demand for its AI services.

Anthropic Has Signed Billions In Compute Deals

The Nscale agreement follows a series of large computing partnerships announced by Anthropic over the past eight months.

Earlier in August, the company signed a $10 billion deal with AI cloud startup Volta for six years of computing capacity from a data centre in Norway. In July, Anthropic also reached a $5 billion agreement with AMD.

In May, Anthropic disclosed a major computing agreement with SpaceX, using capacity from two SpaceX data centres. The arrangement was later reported to provide about $1.25 billion worth of computing capacity each month.

April brought another expansion, when Anthropic secured an additional 5 gigawatts of computing capacity through its expanded partnership with Amazon. The company also expanded its relationship with Google and Broadcom, adding further computing resources through Google and Broadcom’s TPU partnership.

AI Companies Race To Secure Compute

Anthropic’s spending reflects a broader race among leading AI companies to secure computing capacity before demand outpaces available infrastructure.

Google, OpenAI and Meta are also investing heavily in data centres, chips and long-term computing agreements. For Anthropic, the latest Nscale deal provides another large block of capacity while the company competes with larger rivals and prepares for continued growth in AI workloads.

The scale and duration of these agreements also show how AI infrastructure is increasingly being secured years ahead of actual deployment, as companies seek to lock in access to the computing power needed for future models and services.

Cyprus’ Strong Youth Employment Rate Still Does Not Guarantee Early Independence

Young people in Cyprus have a relatively high employment rate, but they leave the parental home later than the EU average, according to Eurostat data.

Cypriots left home at an average age of 27 in 2025, compared with 26.3 years across the EU. At the same time, 72.3% of people aged 20 to 29 in Cyprus were employed, well above the EU average of 65.5%.

Strong Employment Does Not Mean Early Independence

Only nine countries recorded higher youth employment rates than Cyprus. Iceland led at 85.3%, followed by the Netherlands at 84%, Malta at 82.1%, Switzerland at 78.3% and Germany at 77%.

Norway recorded 76.5%, Ireland 76.1%, Denmark 74.8% and Austria 74.6%. Eurostat said countries where young people leave home earlier generally tend to have higher youth employment rates.

Southern Europe Sees Later Moves

Finland had the lowest average age for leaving the parental home at 21.4 years, followed by Denmark at 21.8 and Estonia and Lithuania at 22.7. Croatia recorded the highest average at 31.5 years, followed by Greece and Slovakia at 30.9. Spain and Italy both stood at 30.2 years.

Across the EU, the average has remained close to 26 since 2002, rising only slightly from 26.2 years in 2024 to 26.3 years in 2025.

Cyprus Labour Market Is Cooling

The figures come as Cyprus’ labor market shows some signs of easing, although demand for workers remains relatively strong by European standards.

Separate Eurostat data showed Cyprus had the EU’s largest annual decline in its job vacancy rate in the second quarter of 2026. The rate fell to 2.6% from 3.3% a year earlier, but remained above the EU average of 2.0% and the euro area average of 2.1%.

Cost Of Living Remains A Factor

Housing and other living costs can also affect how quickly young workers establish independent households. Eurostat reported that Cyprus’ household consumption price level was 89.2% of the EU average in 2025.

A relatively lower overall price level does not eliminate affordability pressures for people on modest incomes. For younger workers, the issue can be whether wages are sufficient to cover rent, utilities, food and other basic expenses.

Cyprus therefore combines relatively high youth employment with a later transition to independent living, suggesting that access to work and the ability to afford a separate household do not always move together.

Uol
Aretilaw firm
eCredo
The Future Forbes Realty Global Properties

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