Tech News
← Home  ·  All topics

Nscale

18 GoKawiil briefs on this topic

Fidji Simo joins Nscale's board as AI data center startup eyes fall IPO

Nscale, a UK-based AI data center company, has named Fidji Simo, who recently departed OpenAI's No. 2 role, to its board of directors. She joins other prominent tech figures including Sheryl Sandberg, Susan Decker and Nick Clegg as the company prepares for a possible public listing this fall.

Fidji Simo Joins Nscale Board as AI Data Center Firm Eyes IPO

Fidji Simo, a former OpenAI executive, has taken a seat on the board of Nscale, a startup that builds data centers for AI workloads and has raised billions in funding. The move comes as Nscale reportedly prepares for an eventual public listing.

Nscale seeks $3.5B in pre-IPO funding including $2B from Nvidia

British AI infrastructure startup Nscale, founded two years ago, is reportedly pursuing $3.5 billion in financing ahead of a possible IPO as soon as this month. That total reportedly includes $1.5 billion in convertible notes sold to investors and an additional $2 billion from Nvidia, which also backed Nscale's $1.1 billion Series B round in March.

Aker Shares Rise on Nscale's $45 Billion AI Compute Deal

Aker's stock surged after the company disclosed that its affiliate Nscale secured a $45 billion contract to supply AI compute capacity from its Monarch data center site in West Virginia. The deal marks a major win for Nscale's push into large-scale AI infrastructure.

Anthropic signs $45 billion compute deal with UK's Nscale

Anthropic has agreed to a six-year, roughly $45 billion deal with British infrastructure firm Nscale to secure AI compute capacity, according to a source familiar with the matter. The capacity will run on Nvidia's new Vera Rubin chip system and come from Nscale's data center in West Virginia, with power expected online in late 2027.

Anthropic secures $45B compute deal with UK's Nscale for West Virginia data center

Anthropic has agreed to a roughly $45 billion cloud computing arrangement with Nscale, a UK-based AI infrastructure firm, to lease about 460 megawatts of capacity at a planned West Virginia data center. The facility, expected to go live by late 2027, will run on Nvidia's upcoming Vera Rubin chips and adds to a string of recent infrastructure agreements Anthropic has struck with AMD, SpaceX, Google and Broadcom.