Nscale acquires Anyscale for $1.65B

Anyscale develops a distributed computing platform that enables organizations to manage distributed workloads at scale. On July 30, 2026, Nscale announced it would acquire Anyscale for $1.65B. Nscale builds AI data centers and provides GPU cloud infrastructure that companies use to train, run, and scale large AI models. At the middle of Crunchbase's revenue estimate ($10M to $50M) the price works out to roughly 74× revenue.