Nscale has entered into a definitive agreement to acquire Anyscale, a platform for scaling AI workloads including data processing, training, inference, and reinforcement learning across thousands of GPUs.
Anyscale’s software layer will expand Nscale’s existing capabilities, extending its full stack AI cloud offering from power generation to production AI. Anyscale will continue to operate under its own brand and serve existing customers, with its approximately 200-person team across the United States, Europe, and India joining Nscale.
Anyscale was founded by the creators of Ray, the open-source standard for building and scaling distributed AI applications. Ray was donated to the PyTorch Foundation in 2025 and remains open source and community governed. Nscale will join the PyTorch Foundation as part of the transaction.
The transaction is subject to closing conditions and regulatory approvals and is expected to close in the second half of 2026. Financial terms were not disclosed.
Support: Goldman Sachs International served as lead financial advisor, with Morgan Stanley & Co. LLC as financial advisor, to Nscale, while Qatalyst Partners served as exclusive financial advisor to Anyscale.
KEY QUOTES:
“Most infrastructure providers just buy GPUs and rent them. Nscale is doing something unique. We build and own every layer ourselves: the power, the data centers, the compute, and the software that turns them into an AI cloud. Anyscale extends that offering with managed services that AI teams use to scale any workload, completing a truly vertically integrated AI cloud platform.”
Josh Payne, CEO and Founder, Nscale
“Companies are moving beyond simply using AI to actually building their own. Doing that well requires the software and the infrastructure it runs on to be designed together. By combining Anyscale’s platform, built on Ray, the open standard for scaling AI, with Nscale’s data centres, compute and AI cloud services, we’re creating the first full-stack AI hyperscaler.”
Keerti Melkote, CEO, Anyscale
