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Nscale Raises $2 Billion in Series C Valuation Drive for Global AI Infrastructure

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Source: CNBC
Nscale Raises $2 Billion in Series C Valuation Drive for Global AI Infrastructure
Photo: CNBC
TL;DR

UK-based AI infrastructure startup Nscale raised $2 billion in a Series C at a $14.6 billion valuation, with Nvidia among lead investors alongside Aker ASA and 8090 Industries and other backers; the funds will accelerate a vertically integrated AI infrastructure buildout—GPU compute, networking, data services and orchestration—across Europe, North America and Asia, as the company expands data centers in the UK, U.S., Norway, Portugal and Iceland and eyes an IPO, while pursuing partnerships with Microsoft and OpenAI.

Topics:businesstechnology#ai-infrastructure#data-centers#nscale#nvidia#series-c#technology
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  1. Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation  CNBC
  2. The Former Coal Miner in the Middle of the A.I. Data Center Boom  The New York Times
  3. Nscale Raises $2 Billion and Adds Sandberg, Clegg to Board  Bloomberg
  4. Nvidia-backed Nscale valued at $14.6 billion in fresh funding round  Reuters
  5. Nscale raises $2bn Series C at $14.6bn valuation  The Next Web

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