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UK AI firm Nscale raises $2B, hits $14.6B valuation in Europe’s largest tech funding round.
Nscale, a UK-based AI infrastructure company backed by NVIDIA, has raised $2 billion in a Series C funding round, valuing the firm at $14.6 billion—the largest such round in European history.
Led by Aker ASA and 8090 Industries, the investment includes participation from NVIDIA, Dell, Citadel, and others.
The company, founded in 2024, owns its own data centers, GPUs, and software and is expanding its global infrastructure to meet surging demand from major AI clients like Microsoft and OpenAI.
It is developing large-scale projects, including the UK’s largest planned AI supercomputer in Essex and the Stargate Norway renewable-powered compute hub.
High-profile board additions include former Meta executives Nick Clegg and Sheryl Sandberg and former Yahoo President Susan Decker.
The funding supports Nscale’s growth and potential IPO, with Goldman Sachs and JPMorgan as underwriters, though no timeline has been announced.
La firma británica de IA Nscale recauda $ 2B, alcanza una valoración de $ 14.6B en la ronda de financiación tecnológica más grande de Europa.