Nscale secures $790m in financing for Norway data center project
Funding comes with an additional $790m uncommitted accordion feature for further expansion
News - Nordics, Nscale
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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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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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Nscale teams up with Fortum for data center in Harjavalta, Finland
Details remain sparse
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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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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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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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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 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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Nscale to expand Glomfjord data center in Norway with 30MW building
Doubling capacity at the site
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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
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GPU cloud firm Nscale launches, offering access to AMD GPUs
Another crypto firm pivots to serve AI cloud customers