Nscale, a cloud provider focused on AI computing power, agreed on July 30 to acquire Anyscale, a software startup that helps scale AI workloads across servers and data centers, for about $1.65 billion [1, 2, 3]. Anyscale’s software enables more efficient running of AI workloads including training, inference, and reinforcement learning across distributed infrastructure [1, 2, 3].

Anyscale reported 70% revenue growth in its most recent quarter compared to the previous period [1, 2]. About 200 Anyscale employees will join Nscale following the acquisition [1, 2]. Nscale was formed in early 2024 from a cryptocurrency mining business and has quickly grown in the AI neocloud market [1].

Nscale raised $2 billion in a Series C funding round in March 2026, valuing the company at $14.6 billion [2]. Anyscale was valued at $1.38 billion in its own Series C round in 2022 [2].

Dan Bathurst, Nscale’s chief product officer, said, “An engineer can now come to Nscale as a one-stop shop for all of their training, fine-tuning and inference services,” highlighting plans to maintain Anyscale as its own brand and product with support for bring-your-own-cloud deployments [1, 3]. He added, “Where we want to win is on performance, not on any sort of vendor lock-in or forcing of someone to choose Nscale as the infrastructure provider” [3].

Anyscale itself noted, “Together, Anyscale and Nscale can co-design the software layer and infrastructure beneath it, something that neither company could do as effectively by optimizing its layer alone” [2].

The acquisition deal follows Nscale’s recent funding milestone and aims to strengthen its position in the AI infrastructure market by combining software and hardware capabilities into one platform.