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Destination
Nscale Closes $3B in Term Loans

Nscale has closed approximately $3 billion in aggregate commitments across two senior secured delayed draw term loan facilities backing a pair of U.S. AI infrastructure projects, the London-based company announced on August 31, 2026. One facility supports its Ward County, Texas campus and the other its Madison, North Carolina site, and Nscale said both facilities received investment-grade ratings with stable outlooks. The Ward County facility provides up to $1.85 billion, issued through Nscale… [...]

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thenextweb
BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepen [...]

Match Score: 72.53

thenextweb
Nscale owns the power and the data centres. For ~$1.65bn, it just bought the software too.

Nscale, the London AI-cloud company that owns its own power and data centres, is buying its way up the stack. It has agreed to acquire Anyscale, the startup behind the widely used Ray software. Bloomb [...]

Match Score: 62.17

thenextweb
Nscale closes a $900m revolving credit facility to fund its data-centre build-out

Nscale has closed a $900m revolving credit facility, a standing pool of borrowing it will draw on to speed up its data-centre build-out across the US, Europe, and Asia-Pacific, the company said on Tue [...]

Match Score: 56.61

thenextweb
Nscale raises $2bn Series C at $14.6bn valuation

The UK hyperscaler has now raised over $4.5bn across equity rounds in less than six months, and says it is the largest Series C ever closed in Europe. That claim deserves scrutiny. When Josh Payne fou [...]

Match Score: 51.81

thenextweb
Nscale signs 1.35GW Microsoft LOI for a West Virginia AI campus built around NVIDIA&#8217;s Vera Rubin GPUs

Announced at GTC 2026, the deal covers around 430,000 next-generation NVIDIA GPUs, is backed by a Caterpillar natural gas power deal, and is built on a site described as the US’s first state-certifi [...]

Match Score: 51.81

thenextweb
Nscale secures $790m financing for Narvik AI data centre

Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said [...]

Match Score: 51.81

thenextweb
Britain’s flagship AI data centre can’t get the power to switch on

Britain wants to be an AI superpower. One of its flagship data centres cannot get the electricity to switch on. Nscale’s £2bn Essex site has the money, the planning permission, and a grid connectio [...]

Match Score: 51.81

thenextweb
Anthropic signs $45B compute deal with Britain’s Nscale

Anthropic has agreed to spend $45B over six years renting AI computing power from Nscale’s flagship West Virginia data centre development, covering about 460 megawatts. Nscale is a London company pr [...]

Match Score: 51.81

Destination
Anthropic locks in 45-billion-dollar compute deal with Nscale ahead of IPO

Anthropic has struck a deal worth around 45 billion dollars with British cloud startup Nscale, Bloomberg reports.<br /> The article Anthropic locks in 45-billion-dollar compute deal with Nscale [...]

Match Score: 51.81