tech
March 9, 2026
Nvidia Backs AI Data Center Startup Nscale as It Hits $14.6 Billion Valuation
Nscale has become a key player in the AI infrastructure buildout

TL;DR
- Nscale raised $2 billion at a $14.6 billion valuation.
- Nvidia, Aker ASA, and 8090 Industries led the Series C funding round.
- The company develops data centers and operates cloud computing services for AI infrastructure.
- Nscale announced three new directors: Sheryl Sandberg, Nick Clegg, and Susan Decker.
- The funds will accelerate the development of AI infrastructure globally.
- Nscale has existing partnerships with Microsoft and OpenAI.
- The company operates data centers in the UK, US, Norway, Portugal, and Iceland.
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