Nscale Secures $2 Billion in Historic Series C Funding

London-based AI infrastructure firm Nscale has raised $2 billion in a Series C round, marking the largest in European history. The funding, backed by Aker ASA and 8090 Industries, values the company at $14.6 billion. Key investors include Astra Capital Management, Citadel, Dell, and others. This investment aims to accelerate Nscale's global expansion in AI infrastructure across Europe, North America, and Asia.

AI continues to transform industries and the global economy, with Nscale positioned to facilitate this shift by enhancing its infrastructure capabilities. The additional funds will support expansions in engineering and operations, propelling AI deployment on a massive scale.

Adding depth to its governance, Nscale's board welcomes Sheryl Sandberg, Susan Decker, and Nick Clegg. This strategic move, alongside consolidating its Norwegian operations with Aker, strengthens Nscale's execution in the AI sector. The company emphasizes its commitment to regional development and sustainable practices.