Nvidia backs AI data center startup Nscale as it hits $14.6 billion valuation
Summary
Nscale, a UK-based AI infrastructure startup, raised $2 billion in a Series C led by Nvidia, valuing the company at $14.6 billion. The round also included Aker ASA and 8090 Industries, with new board members Sheryl Sandberg, Nick Clegg, and Susan Decker. The funding underscores a rapid AI infrastructure buildout as Nscale expands data centers and cloud compute services across multiple regions and eyes an IPO.