U.K.-based AI infrastructure hyperscaler Nscale raised $2 billion in Series C funding, valuing the company at $14.6 billion as it expands large-scale AI compute infrastructure across Europe, North America, and Asia. The round was led by Aker ASA and 8090 Industries, with participation from Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72.
Nscale is building a vertically integrated AI infrastructure platform that combines GPU compute clusters, high-performance networking, data services, and orchestration software. The company said the new capital will accelerate deployment of modular, high-density data centers designed to support AI training, fine-tuning, and inference workloads at scale, while expanding its engineering and operations teams to support production deployments.
The company also announced several governance updates. Sheryl Sandberg, Susan Decker, and Nick Clegg will join Nscale’s board of directors, adding experience across technology operations, financial governance, and global policy. In addition, Nscale reached an agreement with Aker ASA to roll the previously announced Aker Nscale joint venture into the parent company, consolidating delivery and governance under a single entity while maintaining Aker as a major shareholder.
• $2B Series C funding round values Nscale at $14.6B
• Round led by Aker ASA and 8090 Industries
• Investors include Dell, Lenovo, Nokia, NVIDIA, Citadel, Jane Street, Astra Capital Management, Linden Advisors, and Point72
• Capital will support global expansion of GPU compute infrastructure and modular AI data centers
• Platform integrates compute, networking, data services, and orchestration software for AI workloads
• Sheryl Sandberg, Susan Decker, and Nick Clegg join Nscale’s Board of Directors
• Aker Nscale joint venture consolidated into Nscale to streamline governance and execution
“Nscale is leading this buildout. We are building this foundation that the market sits on, the engine of superintelligence,” said Josh Payne, CEO and Founder of Nscale.
🌐 Analysis
Large-scale AI infrastructure development is increasingly capital intensive, driving multibillion-dollar investment rounds to support compute clusters, networking fabrics, and energy infrastructure required for AI training and inference. Companies building vertically integrated AI platforms aim to deliver turnkey infrastructure environments capable of supporting enterprise and national-scale AI deployments.
The participation of investors such as NVIDIA, Dell, Lenovo, and Nokia reflects the convergence of semiconductor, server, and networking ecosystems around AI infrastructure platforms. These partnerships indicate how hardware vendors are aligning with emerging AI hyperscalers to accelerate deployment of high-density GPU clusters and specialized networking architectures.
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