The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Anthropic (model training (compute consumption)) → Nscale (datacenter operation (seller/landlord side — Monarch campus, West Virginia))

$45.0B — $45B over six years to rent ~460MW at Nscale's Monarch campus, West Virginia; facility runs Nvidia's Vera Rubin chips, expected online late 2027; a rental of compute capacity, not an equity stake or asset purchase

high confidence · as of 2026-08-26 · about Nscale

$45.0B — $45B over six years to rent ~460MW at Nscale's Monarch campus, West Virginia; facility runs Nvidia's Vera Rubin chips, expected online late 2027; a rental of compute capacity, not an equity stake or asset purchase

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the working

Basis

$45.0B — $45B over six years to rent ~460MW at Nscale's Monarch campus, West Virginia; facility runs Nvidia's Vera Rubin chips, expected online late 2027; a rental of compute capacity, not an equity stake or asset purchase

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