Nscale secures $790M financing for AI data center
It is the largest AI infrastructure investment in Norway, backed by leading international banks.
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In short: Nscale secured $2 billion in Series C funding at a $14.6 billion valuation and expanded its AI infrastructure through major acquisitions and deals.
It is the largest AI infrastructure investment in Norway, backed by leading international banks.
The deployment at Start Campus in Portugal starts late 2027, building on prior investments and collaborations. It includes €230M in infrastructure and €465M in a new building.
It eliminates legacy constraints and optimizes every layer for AI workloads. VP Hamish Jackson-Mee explains enterprise implications.
Sam joins from Oracle to oversee global data center build, operations, and capital deployment. He brings extensive experience from Vantage Data Centers.
In just two years, Nscale has gone from a crypto-mining spinout to one of the most prominent companies in Europe’s AI data center push.
The onslaught of rain caused a breach in a data center being built nearby, as part of an initiative...
The British IT company Nscale has entered into an agreement to acquire the American energy corporation American Intelligence&Power Corp. (AIP), including the Monarch Compute Campus...
Nscale has secured $790m of debt financing from ABN AMRO, DNB, Eksfin, Nordea and SEB for its AI data centre in Narvik, Norway.
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