Thursday, 25 September, 2025
Nscale Raises $1.1B Led by Aker to Scale Global AI Infrastructure
Nscale, a UK-based AI infrastructure startup backed by NVIDIA, has secured $1.1 billion in a funding round led by Norwegian industrial group Aker, which contributed $285 million for a 9.3% stake. The valuation comes in at about $3 billion. Other investors include Dell, Nokia, Fidelity, and G Squared. The capital will fuel Nscale’s expansion of hyperscale data centres across Europe, the U.S., and the Middle East—aimed at meeting rising demand for sovereign and scalable AI capabilities.
Read full story at Economic Times