Microsoft → Nscale: $43.8B cloud & services
Microsoft commits up to $43.8 billion with Nscale. Orders signed between September 2025 and April 2026 running to 2033 (Texas, Portugal, UK, Norway); initially ~200,000 GB300s for ~$23 billion.
This deal is 24% of everything Microsoft pays and 44% of everything Nscale receives in this database.
- Date
- Oct 15, 2025
- Paid by
Microsoft- Received by
🇬🇧 Nscale- Type
- Cloud & services
- Amount
- $43.8B
- Status
- announced
- Note
- up to $43.8 billion (Sept 2025-Apr 2026, per S-1)
Sources
All deals between Microsoft and Nscale
- Oct 15, 2025 Microsoft → Nscale · Microsoft commits up to $43.8 billion with Nscale $43.8B
- Mar 15, 2026 Microsoft → Nscale · Microsoft books 1.35 GW from Nscale n/a
- Apr 14, 2026 Microsoft → Nscale · Microsoft takes over Stargate Norway capacity n/a
- Jun 15, 2026 Microsoft → Nscale · Microsoft pulls out of Nscale Loughton data center $3B
- Nov 5, 2026 Microsoft → Nscale · Microsoft does not double Nscale Texas contract n/a
More Microsoft / Nscale deals
- Oct 29, 2026 Microsoft returns to the market: $25 billion $25B
- Oct 29, 2026 Nvidia guarantees Nscale's debt n/a
- Oct 15, 2026 Anthropic in talks for another $45 billion with Nscale $45B
- Sep 25, 2026 Nvidia puts $1 billion into Nscale's pre-IPO round $1B
- Sep 25, 2026 Nscale raises $3.36 billion ahead of IPO $2.4B
- Sep 25, 2026 Nscale raises $3.4 billion ahead of IPO $3.4B
- Sep 3, 2026 Figure AI buys $3.5 billion of compute from Nscale $3.5B
- Aug 25, 2026 Anthropic signs up to $44.6 billion with Nscale $44.6B
- Apr 27, 2026 Microsoft-OpenAI: amended deal ends exclusivity n/a
- Apr 23, 2026 Microsoft's A$25B Australia pledge $18B
- Apr 3, 2026 Microsoft to invest $10bn in Japan $10B
- Mar 24, 2026 Microsoft joins $122 billion round n/a