Anthropic has entered into a massive $45 billion agreement with Nscale to rent AI cloud computing power from its West Virginia data center. The maker of the Claude AI model is pitching investors on a total addressable market valued at $30 trillion, aiming to exceed the scale of major firms like SpaceX. Reports indicate the company is preparing for an IPO as early as fall 2026, with target valuations ranging from $100 billion to $2 trillion.