AI Data Center Startup Nscale Raises $2 Billion at $14.6 Billion Valuation with Nvidia Investment
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Summary
AI data center startup Nscale has raised $2 billion in Series C funding at a $14.6 billion valuation, with Nvidia participating as an investor. The funding round was led by Aker ASA and 8090 Industries, with additional participation from major firms including Citadel, Dell, Lenovo, Nokia, and Point72. Nscale also announced three new board members: former Meta COO Sheryl Sandberg, former UK deputy prime minister Nick Clegg, and former Yahoo President Susan Decker. The company, founded in 2024, has become a significant player in the AI infrastructure buildout.
Key quotes
· 4 pulledAI data center startup Nscale has raised $2 billion at a $14.6 billion valuation, the company announced on Monday, as the AI infrastructure boom continues.
The Series C featured Nvidia and was led by Aker ASA and 8090 Industries.
Nscale is also announcing three new directors on its board, including former Meta COO Sheryl Sandberg, former UK deputy prime minister and Meta executive Nick Clegg and former Yahoo President Susan Decker.
Founded in 2024, Nscale has emerged as a key player in the AI infrastructure buildout.
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