Nscale Raises $2 Billion in Series C Led by Aker ASA to Expand AI Infrastructure
Key Facts
British AI firm Nscale has successfully raised $2 billion in a Series C funding round, propelling its valuation to $14.6 billion. The round was led by Aker ASA and 8090 Industries, with continued strategic backing from US chipmaking giant Nvidia. Nscale plans to utilize the new capital to expand its cloud platform and specialized AI data centers across Europe, North America, and Asia. This expansion is designed to meet the surging global demand for high-performance computing resources required to run advanced AI models. The massive capital injection underscores sustained investor appetite for the physical infrastructure underpinning the AI revolution. Furthermore, the move strengthens Nvidia's strategic ecosystem and its broader influence over the future of global AI compute.
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