Nscale inks PPA with Vattenfall to power Kvandal data center in Norway
Will power the data center from 2027 to 2031
News - Europe, Nscale
The latest news from the AI, data center, telco, chip, and cloud sector
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Nscale secures $790m in financing for Norway data center project
Funding comes with an additional $790m uncommitted accordion feature for further expansion
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Nscale to deploy 66,000+ Rubin GPUs for Microsoft in Portugal
Two companies scale up agreement for Sines Data Campus
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Verne and Nscale complete first phase of AI deployment in Iceland
Companies signed 15MW lease agreement in November 2025
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Nscale partners with BT for more UK data centers
AI cloud firm targets 14MW across three BT sites
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Microsoft contracts 30,000 GPUs from Nscale at Norway data center as OpenAI drops out of latest Stargate
OpenAI continues Stargate retreat
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Google takes up capacity at Nscale data center in West London, UK - report
Separate to the recently dropped Nscale site by OpenAI
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Nscale teams up with Fortum for data center in Harjavalta, Finland
Details remain sparse
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Nscale signs $1.4bn delayed draw term loan backed by GPUs
Will be used to finance deployments across Europe
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Neocloud Nscale hires Goldman Sachs and JPMorgan as it plans IPO
But may raise $2bn first
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Aker Nscale plans 96MW data center in Skien, Norway
Joint venture targets another area of the country
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Accenture acquires DLB, Nscale acquires Future-tech
Two companies expanding data center design functions
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Aker Nscale buy land in Fauske, Norway, for data center
Another Nscale facility planned for Norway
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Nscale signs 15MW lease agreement with Verne for data center capacity in Iceland
Will see 4,600 Nvidia Blackwell Ultra GPUs deployed
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Microsoft to spend $10bn on AI data centers in Portugal
Data centers being developed in Sines with Start Campus
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Nscale selects Vast Data solution for AI platform
Vast Data's AI Operation System will support Nscale's GPU clusters
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Aker Nscale plans another data center in Narvik, Norway
The neocloud is on a roll
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Nscale to supply Microsoft with additional 100,000 Nvidia GPUs in US and Europe
$14bn deal agreed as data center firm eyes IPO
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Nscale closes $433m pre-Series C SAFE funding round
Comes just days after the Series B funding round secured $1.1bn
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AI data center firm Nscale raises $1.1bn from backers including Aker, Nokia, and Nvidia
Company has yet to build a data center of its own, but has big plans
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Microsoft signs $6bn deal to rent AI compute from Nscale
Will be from a data center in Norway
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OpenAI announces Stargate UK, with up to 8,000 GPUs at Nscale data centers
Following Nscale's Microsoft deal
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Microsoft to build UK's largest supercomputer as part of $15bn AI infrastructure push
Will feature more than 23,000 Nvidia GPUs
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Nvidia and OpenAI to spend billions on UK data centers - report
CEOs will join President Trump in UK to announce the deal
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OpenAI partners with Nscale and Aker for Stargate Norway data center with 100k GPUs
Kvandal site will start at 230MW, could grow
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Nvidia claims 3,000 exaflops of Blackwell compute is coming to Europe
Across national and private compute efforts
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UK pledges £1 billion AI compute investment, Nscale plans to deploy 10,000 Nvidia GPUs
Nebius also announces UK buildout during Nvidia's European tour
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Nscale to expand Glomfjord data center in Norway with 30MW building
Doubling capacity at the site