Investors are piling into artificial intelligence infrastructure, with the latest Nscale funding round highlighting how quickly capital is flowing into this segment.
Series C round values Nscale at $14.6 billion
On Monday, March 9, British artificial intelligence infrastructure provider Nscale announced it had closed a $2 billion Series C funding round, lifting the company to a $14.6 billion valuation. The UK-based startup focuses on AI data centres and cloud infrastructure that rent out compute capacity to enterprise customers.
A social media post summarizing the deal noted that Nscale, described as a UK AI data center and cloud infrastructure startup, raised $2B in Series C funding at a $14.6B valuation. Moreover, the post highlighted that the round was led by Aker and 8090 Industries, with participation from Nvidia, Lenovo and Nokia, and that the company rents out AI compute while adding Sheryl Sandberg and Nick Clegg to its board.
Norwegian investment firms Aker and 80
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