September 24, 2026 Nscale
AI cloud company Nscale has raised $3.36 billion in pre-IPO funding from investors led by hedge fund Third Point. Investors include Nvidia, Apollo, Citadel, Hudson Bay Capital, Abu Dhabi Investment Council, and 8090 Industries. Nscale will receive $2.36 billion upfront, with Nvidia providing a...
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May 25, 2026 Nscale
European neocloud Nscale has signed a Power Purchase Agreement (PPA) with Swedish state-owned energy company Vattenfall in Norway. The agreement will support the first phase of Nscale’s data center development in Kvandal. While the exact capacity has not been disclosed, the companies say it will...
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April 06, 2026 Nscale
Neocloud provider Nscale is partnering with Finnish energy company Fortum on another Nordic data center project, this time in Finland. Planned for the Sievari industrial area on land owned by the Town of Harjavalta, the development is one of several Nscale is advancing in the country. Fortum will...
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September 26, 2025 Nscale
AI data center developer Nscale has raised $1.1 billion to help its build-out in the UK and beyond in a Series B round led by Aker ASA, and participation from the likes of Blue Owl, Dell, Fidelity Management & Research Company, G Squared, Nokia, Nvidia, Point72, and T.Capital.“AI is reshaping...
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