Nscale Announces $2 Billion Series C Funding Round

On March 9th, Nscale, a data center company backed by Nvidia, announced the completion of its Series C funding round, raising a total of $2 billion. The round was co-led by Aker ASA and 8090 Industries, valuing the company at $14.6 billion. Other prominent investors included Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, Nvidia, and Point72. This funding will enable Nscale to accelerate the deployment of its vertically integrated AI infrastructure across Europe, North America, and Asia—comprehensively deploying the entire technology stack from GPU computing resources, network systems, data processing services to scheduling software.