Nscale News
Latest news, updates, and announcements from Nscale.
Nscale data center financing may receive Nvidia credit guarantee
Nvidia is discussing a multibillion-dollar credit guarantee for Nscale's planned data center in West Virginia, according to Global Economic, citing Bloomberg and The Information. The guarantee would s...
Nscale's $4.19B H1 financing combines Series C equity and data-center debt
UK-based Nscale announced $4.19 billion in financing across three transactions in the first half of 2026, according to Tech.eu's European cloud funding review. The total includes a $2 billion Series C...
Nscale U.K. Data Center Project Loses Microsoft Following Delays
Microsoft has withdrawn from an Nscale data-center project in the United Kingdom following delays, according to The Information. The reported exit marks a setback for the project and changes the compa...
Nscale files S-1 for NYSE IPO at reported valuation up to $35B
Nvidia-backed AI cloud provider Nscale has submitted an S-1 registration statement to the SEC to begin its IPO process, with plans to list on the New York Stock Exchange. The company is reportedly tar...
Nscale closes $3.36B convertible note led by Third Point, with $1B from Nvidia arriving mid-November.
The British AI neocloud announced Friday that it has secured $3.36 billion in convertible financing, structured as a note that will convert into equity at IPO. Hedge fund Third Point led the round, wi...
Nscale reportedly helped ByteDance access Nvidia chips despite US export restrictions
British AI infrastructure startup Nscale allegedly enabled ByteDance, the Chinese parent company of TikTok, to access Nvidia chips it could not legally obtain in China because of US export restriction...
Nscale in talks for $3.5B pre-IPO round after $45B Anthropic compute deal
Nscale, the two-year-old British AI infrastructure company, is reportedly in talks for $3.5 billion in pre-IPO financing ahead of a possible public listing as soon as this month. Bloomberg reported th...
Nscale, a London-based AI infrastructure provider, has secured $790 million in financing to continue...
Nscale, a London-based AI infrastructure provider, has secured $790 million in financing to continue development of its AI data center in Narvik, Norway, scaling compute capacity for European AI workl...
UK-based Nscale raised $2 billion in Series C funding at a $14.6 billion valuation - Europe's larges...
UK-based Nscale raised $2 billion in Series C funding at a $14.6 billion valuation - Europe's largest Series C round ever - backed by Nvidia, Aker ASA, and Dell. The 2-year-old AI infrastructure compa...
UK data center firm Nscale is pursuing a 2 billion dollar funding round led by Goldman Sachs and JPM...
UK data center firm Nscale is pursuing a 2 billion dollar funding round led by Goldman Sachs and JPMorgan, following 1.5 billion dollars in recent raises. As a critical partner in the Nvidia-OpenAI St...