U.K.- based AI infrastructure hyperscaler Nscale on Monday announced its $2 billion in Series C funding, led by Aker ASA and 8090 Industries.
This round values Nscale at $14.6 billion. The funding round was supported by Astra Capital Management, Citadel, Dell (DELL), Jane Street, Lenovo, Linden Advisors, Nokia (NOK), Nvidia (NVDA), and Point72.
This new raise will further accelerate Nscale’s global development of vertically integrated AI infrastructure from GPU compute and networking to data services and orchestration software — across Europe, North America, and Asia.
Additionally, the company also welcomed three new directors. Sheryl Sandberg, Susan Decker, and Nick Clegg will join the Nscale board.