Nscale, a cloud infrastructure company that launched in 2024 and markets itself as a "neocloud," has agreed to acquire Anyscale, a San Francisco-based startup that develops software to coordinate and manage complex AI tasks across many machines. The two companies said the move is intended to help customers run AI systems more efficiently.
Bloomberg reported the purchase price at about $1.65 billion, citing a person familiar with the matter. Nscale, however, declined to disclose the financial terms publicly.
According to the companies, Anyscale’s software is designed to organize and oversee intricate AI workloads so they can execute smoothly in parallel across numerous computers. Nscale said that integrating Anyscale’s technology will make its platform more attractive to potential customers.
The announcement makes clear that Anyscale will continue operating under its own brand and will keep serving its existing customers following the acquisition. The entire Anyscale staff - about 200 people across the United States, Europe and India - will join Nscale as part of the deal.
The companies indicated they expect the transaction to be completed in the second half of this year.
Nscale describes itself as a vertically integrated AI cloud platform that owns and runs its own data centers, GPU hardware and software stack to provide large-scale, GPU-powered AI compute. The company competes in the market with firms such as CoreWeave and Nebius Group.
From Anyscale’s perspective, the startup reported rapid recent growth. In a blog post by its co-founders, the company said it recorded 70% sequential revenue growth in its most recent quarter.
What the companies have confirmed:
- Anyscale is a San Francisco-based AI software provider focused on coordinating complex AI tasks across many machines.
- Nscale expects the acquisition to help attract additional customers by offering Anyscale’s software alongside its vertically integrated compute services.
- Anyscale will retain its brand and customer relationships, and its roughly 200-person global team will join Nscale.
- The transaction is expected to close in the second half of this year; Nscale did not disclose the purchase price.