Nscale Buys Anyscale to Move Up the AI Compute Stack
Nscale, the AI cloud operator that builds its own data centers and generates its own power, has agreed to buy Anyscale, the company behind the Ray distributed-computing framework. The acquisition, announced on July 30, 2026, puts a workload-orchestration layer on top of Nscale's GPU fleet and moves Anyscale's roughly 200 staff across the United States, Europe and India into the London-based company. It is expected to close in the second half of 2026, subject to closing conditions and regulatory… [...]
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The AI compute gap: Enterprises are buying infrastructure faster than they can measure what it costs
Across 107 enterprises, AI infrastructure spending is accelerating well ahead of the ability to see or steer its economics. Most organizations run their AI on a familiar base of hyperscalers and model [...]
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 [...]
FOMO is why enterprises pay for GPUs they don't use — and why prices keep climbing
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For the last 24 months, one narrative justified every over-provisioned data center and bloated IT budget: the GPU scramble. Silicon was the new oil, and H100s traded like contraband. Reserve capacity [...]
Nscale signs 1.35GW Microsoft LOI for a West Virginia AI campus built around NVIDIA’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 [...]
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 [...]