Aker-backed Nscale signs Microsoft LOI for 1.35 GW AI compute capacity

Reuters06:19
Aker-backed Nscale signs Microsoft LOI for 1.35 GW AI compute capacity

Nscale said it has signed a letter of intent with Microsoft covering 1.35 GW of AI compute capacity for the Monarch site in West Virginia. Nscale also announced a strategic collaboration with Caterpillar to deploy natural gas generator sets, targeting 2 GW of on-site power generation by the first half of 2028. Aker said the announcement strengthens Nscale’s collaboration with Microsoft, where Microsoft is already a customer in Narvik.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Aker ASA published the original content used to generate this news brief on March 16, 2026, and is solely responsible for the information contained therein.

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