Nscale AI Firm Soars to $14.6B Valuation
Tech News Today | 2 Min News | The Daily News Now! · The Daily News Now!
Audio is streamed directly from the publisher (api.fastcast.ai) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Nscale, a British AI infrastructure firm, has reached a valuation of $14.6 billion following a $2 billion Series C round, making it one of Europes top decacorns. Backed by Nvidia and other investors, the company plans to expand its full vertical integration approach, handling energy, data centers, compute power, and software. The funding, Europes largest ever, could lead to an IPO as early as this year, with heavyweight investors like Sheryl Sandberg and Nick Clegg joining the board. Nscales Stargate Norway project, targeting 100,000 Nvidia GPUs by 2026, is now fully under their control. The cash infusion will accelerate AI data center expansion across Europe, North America, and Asia, with Microsoft and OpenAI already on board.
Support the show:
Get a discount at https://solipillow.com/discount/dnn.
Advertise on DNN:
[email protected]
This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].
View sources & latest updates:
https://sources.thednn.ai/eb0f4996d37688ae