HomeAI Compute Startup Nscale Raises $2B Series C at $14.6B Valuation
The story of Nscale, a UK-based GPU cloud computing startup, continues to gain momentum. The company today announced the completion of a $2 billion Series C funding round, bringing its post-money valuation to $14.6 billion. According to Nscale, this may be the largest single funding round in European history.
Founded in 2024 as a spin-off from an Australian Bitcoin mining company, Nscale has rapidly emerged as a key player in AI infrastructure. In less than two years, it has entered the global race for computing power by building data centers and operating cloud services.
The round was led by Aker USA and 8090 Industries, with additional backing from chip giant Nvidia, along with Nokia, Lenovo, Citadel, and Dell.
With this capital infusion, Nscale has added several Silicon Valley veterans to its board, including former Meta COO Sheryl Sandberg, former Meta President of Global Affairs Nick Clegg, and former Yahoo President Susan Decker.
Nscale has committed to delivering 200,000 Nvidia GB300 GPUs to Microsoft, with deployment across data centers in Texas, Portugal, the UK, and Norway.
The company plans to use the new funds to accelerate infrastructure development in Europe, North America, and Asia. CEO Josh Payne stated that AI will permeate every industry and role over the next five years, and Nscale aims to be the driving force behind this industrial revolution.
Related article
StrictlyVC San Francisco to Convene Leaders from TDK Ventures, Replit and More
The first StrictlyVC event of the year is coming to San Francisco sooner than you think. Tickets are still available for our April 30 gathering at the Sentro Filipino Cultural Center, featuring an impressive lineup of speakers. In addition to the net
Notion transforms its workspace into a hub for AI agents
Notion, the productivity software company, is entering the agentic era.During a live-streamed product announcement on Wednesday, Notion—best known for its collaborative note-taking app—unveiled a new developer platform that extends the capabilities o
Could you please provide the article title for rewriting?
Getting a professional headshot once meant hiring a photographer, renting a studio, and blocking off at least an hour of your day. Today, a growing number of AI-powered platforms promise you can skip all that and still walk away with a polished, publ
Related Special Topic Recommendations
Business
Best AI Contract Review Software: Spot Legal Loopholes & Compliance Risks Instantly
Discover the 2026 best AI contract review software on XIX.AI. Our top-rated, curated list features powerful tools that instantly spot legal loopholes and compliance risks. Compare free vs paid options with real-world tests and weekly updated rankings. Find your game-changing solution for secure, efficient contract analysis. Explore the definitive guide now.
10 tools
xix.ai
Animation Creation
AI Anime Generator for Donghua: Create Web Novel Characters & Comic Avatars
Discover the 2026 best AI anime generators for donghua. Our top-rated, curated list features powerful tools to create stunning web novel characters and comic avatars. Compare free vs paid options with real-world tests. Find your perfect creative partner and bring your stories to life today at XIX.AI.
10 tools
xix.ai
Comic Creation
Top AI Auto-Colorization Tools for Manga: Apply Flat Colors with Zero Consistency Errors
Discover the 2026 best AI auto-colorization tools for manga at XIX.AI. Our curated list features top-rated, game-changing solutions that apply flat colors with zero consistency errors, boosting your productivity. Explore free vs paid comparisons, real-world tests, and weekly updated rankings to find your perfect match. Unlock your AI edge today.
10 tools
xix.ai
writing
Top AI Fiction Profile Creators: Generate Consistent Character Motivations and Fatal Flaws
Discover the 2026 best AI fiction profile creators for crafting deep characters. XIX.AI's curated list features top-rated, game-changing tools that generate consistent motivations and fatal flaws. Compare free vs paid options with real-world tests. Unlock your storytelling potential now.
10 tools
xix.ai
Business
Top AI Pricing Optimization Software: Track Competitors & Auto-Adjust Store Prices
Discover the 2026 best AI pricing optimization software on XIX.AI. Our curated list features top-rated, game-changing tools that track competitors and auto-adjust your store prices for maximum profit. Compare free vs paid options with real-world tests. Unlock your pricing edge now.
10 tools
xix.ai
code
Best AI Code Reviewers: Automate Clean Code Compliance & Refactor Legacy Repo Files
Discover the 2026 best AI code reviewers on XIX.AI. Our curated list features top-rated, game-changing tools for automating clean code compliance and refactoring legacy repo files. Compare free vs paid options with real-world tests and weekly updated rankings. Unlock your AI edge today.
10 tools
xix.ai
Comments (0)
0/500
The story of Nscale, a UK-based GPU cloud computing startup, continues to gain momentum. The company today announced the completion of a $2 billion Series C funding round, bringing its post-money valuation to $14.6 billion. According to Nscale, this may be the largest single funding round in European history.
Founded in 2024 as a spin-off from an Australian Bitcoin mining company, Nscale has rapidly emerged as a key player in AI infrastructure. In less than two years, it has entered the global race for computing power by building data centers and operating cloud services.
The round was led by Aker USA and 8090 Industries, with additional backing from chip giant Nvidia, along with Nokia, Lenovo, Citadel, and Dell.
With this capital infusion, Nscale has added several Silicon Valley veterans to its board, including former Meta COO Sheryl Sandberg, former Meta President of Global Affairs Nick Clegg, and former Yahoo President Susan Decker.
Nscale has committed to delivering 200,000 Nvidia GB300 GPUs to Microsoft, with deployment across data centers in Texas, Portugal, the UK, and Norway.
The company plans to use the new funds to accelerate infrastructure development in Europe, North America, and Asia. CEO Josh Payne stated that AI will permeate every industry and role over the next five years, and Nscale aims to be the driving force behind this industrial revolution.
StrictlyVC San Francisco to Convene Leaders from TDK Ventures, Replit and More
The first StrictlyVC event of the year is coming to San Francisco sooner than you think. Tickets are still available for our April 30 gathering at the Sentro Filipino Cultural Center, featuring an impressive lineup of speakers. In addition to the net
Notion transforms its workspace into a hub for AI agents
Notion, the productivity software company, is entering the agentic era.During a live-streamed product announcement on Wednesday, Notion—best known for its collaborative note-taking app—unveiled a new developer platform that extends the capabilities o
Could you please provide the article title for rewriting?
Getting a professional headshot once meant hiring a photographer, renting a studio, and blocking off at least an hour of your day. Today, a growing number of AI-powered platforms promise you can skip all that and still walk away with a polished, publ
Discover the 2026 best AI contract review software on XIX.AI. Our top-rated, curated list features powerful tools that instantly spot legal loopholes and compliance risks. Compare free vs paid options with real-world tests and weekly updated rankings. Find your game-changing solution for secure, efficient contract analysis. Explore the definitive guide now.
10 tools
xix.ai
Discover the 2026 best AI anime generators for donghua. Our top-rated, curated list features powerful tools to create stunning web novel characters and comic avatars. Compare free vs paid options with real-world tests. Find your perfect creative partner and bring your stories to life today at XIX.AI.
10 tools
xix.ai
Discover the 2026 best AI auto-colorization tools for manga at XIX.AI. Our curated list features top-rated, game-changing solutions that apply flat colors with zero consistency errors, boosting your productivity. Explore free vs paid comparisons, real-world tests, and weekly updated rankings to find your perfect match. Unlock your AI edge today.
10 tools
xix.ai
Discover the 2026 best AI fiction profile creators for crafting deep characters. XIX.AI's curated list features top-rated, game-changing tools that generate consistent motivations and fatal flaws. Compare free vs paid options with real-world tests. Unlock your storytelling potential now.
10 tools
xix.ai
Discover the 2026 best AI pricing optimization software on XIX.AI. Our curated list features top-rated, game-changing tools that track competitors and auto-adjust your store prices for maximum profit. Compare free vs paid options with real-world tests. Unlock your pricing edge now.
10 tools
xix.ai
Discover the 2026 best AI code reviewers on XIX.AI. Our curated list features top-rated, game-changing tools for automating clean code compliance and refactoring legacy repo files. Compare free vs paid options with real-world tests and weekly updated rankings. Unlock your AI edge today.
10 tools
xix.ai
