Nvidia prints $96B, Anthropic spends $45B, all in one day

Nvidia just posted the biggest quarter any chipmaker has ever had: $96.2B in revenue, up 106% YoY, with Data Center alone at $89B (+117%). Net income was $59.7B. Guidance for next quarter: $108B, against a $104B consensus — and that number assumes zero data-center chip sales to China, so there's upside baked in if that door reopens.

On the same day, Anthropic committed $45B over six years to UK infrastructure firm Nscale for roughly 460MW at its West Virginia campus — enough power for ~345,000 homes — running on Nvidia's next-gen Vera Rubin silicon coming online late next year. Anthropic effectively picked up capacity Microsoft walked away from (a 1.35GW commitment), and it's now the single largest contract in Nscale's $51B backlog as the firm preps a US IPO.

And the froth: Instinct, a personal-agent startup from 23-year-old Noah Shinn, raised a $250M Series B co-led by Index and Benchmark at a $2.5B valuation — $350M total, on a company four months old. Its valuation went from $50M to $500M to $2.5B in weeks. Users hand it email, calendar and shopping; its terms of use also grant broad rights to retain that data for model training.

Why it matters: the money is flowing in one direction — from apps, to labs, to power and silicon — and Nvidia is at the end of every pipe.