News Summary

Nscale has successfully raised $2 billion in a Series C funding round, elevating its valuation to $14.6 billion. This funding round aims to bolster Nscale’s vertically integrated AI infrastructure, which includes GPU compute, networking, data services, and orchestration software. The company’s infrastructure is delivered from its own and colocated data centers across Europe, North America, and Asia. Notably, Sheryl Sandberg and Nick Clegg have joined Nscale’s board, bringing significant expertise in advertising, data infrastructure, and European regulatory fluency. This strategic move aligns with the UK’s push to enhance AI infrastructure and could position Nscale favorably for sovereign AI mandates and government contracts across the UK and EU.