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Nscale

All articles tagged with #nscale

technology1 month ago•7 min saved

Coal Miner Turned AI Data-Center Baron Navigates the AI Boom

Josh Payne, a former coal miner, now runs Nscale, a fast-growing AI data-center company that just raised $2 billion at a $14.6 billion valuation with backers including Nvidia and Aker; Sheryl Sandberg joined its board, and Microsoft remains the biggest customer as Nscale expands globally and eyes an IPO, financed by debt and equity to support multi-billion-dollar buildouts, even as investors warn about an AI bubble if demand or contract lengths falter.

via The New York Times|

#ai #data-centers #microsoft

technology1 month ago•2 min saved

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

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.

via CNBC|

#ai-infrastructure #data-centers #nscale

business5 months ago•2 min saved

Nscale's $14B Deal with Microsoft Boosts AI Data Center Expansion

Nvidia's stock experienced fluctuations after securing a significant deal with British data center operator Nscale, which will supply around 200,000 AI processors for Microsoft in Europe and the U.S., including a major project in Texas. The company is also involved in a $40 billion acquisition of Aligned Data Centers and received an upgrade from HSBC, which raised its price target to $320, reflecting optimism about Nvidia's growth in AI processing markets.

via Investor's Business Daily|

#ai-processors #business #data-center

business5 months ago•2 min saved

Microsoft Expands Cloud and AI Capabilities with Nscale and NVIDIA Data Centers

Microsoft plans to expand its cloud computing capacity by partnering with Nscale to develop a new data center in Portugal, enhancing its infrastructure in Europe.

via TipRanks|

#business #cloud-computing #data-center

business6 months ago•7 min saved

UK's AI ambitions soar with innovative startups and international collaborations

The UK’s AI ambitions are heavily reliant on a young start-up, Nscale, led by Australian entrepreneur Josh Payne, which has yet to build a data centre but has secured major investments and partnerships with industry giants like Nvidia, Microsoft, and OpenAI, raising questions about the company's actual capabilities and the true scale of the UK’s AI infrastructure plans.

via The Times|

#ai-infrastructure #business #data-centres