Nscale seeks $3.5bn in pre-IPO funding - report
IPO itself reportedly targeting a $3bn raise
News - Business Operations, Nscale
The latest news from the AI, data center, telco, chip, and cloud sector
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Nscale closes $900m revolving credit facility
Provides additional cash for AI data center build-out
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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 pinches Oracle data center lead Sam Huckaby to head AI infrastructure build out
Huckaby will lead the neocloud's European and North America expansion
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Nscale teams up with Fortum for data center in Harjavalta, Finland
Details remain sparse
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Neocloud revenue exceeds $25bn in 2025
Reaches $9bn in Q4 2025, growth of 223 percent YoY
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Nscale acquires 8GW Monarch Compute Campus, Microsoft signs on for 1.35GW of compute
Will comprise Vera Rubin NVL72 GPUs
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Nscale in talks to acquire up to 8GW Monarch Compute Campus in West Virginia - report
Land has already cleared regulatory hurdles and secured power equipment
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Nscale raises $2bn in Series C funding at $14.6bn valuation
Also shifts structure of Aker Nscale partnership, and brings former UK Deputy PM on its board
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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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Aker Nscale plans 96MW data center in Skien, Norway
Joint venture targets another area of the country
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Nscale looks to raise $2bn in funding round - report
Follows funding rounds in September and October 2025
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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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Microsoft to spend $10bn on AI data centers in Portugal
Data centers being developed in Sines with Start Campus
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Aker Nscale plans another data center in Narvik, Norway
The neocloud is on a roll
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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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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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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 looks to raise $2.7bn for AI infrastructure - report
AI cloud firm is less than a year old
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Nscale to expand Glomfjord data center in Norway with 30MW building
Doubling capacity at the site
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Data center projects worth £14bn announced with new UK government AI plan
Data center zones and new supercomputer also in the pipeline
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Nscale raises $155m in funding to power AI cloud roll-out
Company targets 1.3GW data center pipeline
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AI cloud provider Nscale acquires modular data center company Kontena
Hopes to enhance HPC and AI capabilities