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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 on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead […]<br /> This story continues at The Next Web [...]

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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: 77.03

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: 68.52

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: 65.98

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: 63.89

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: 54.82

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: 54.82

thenextweb
Oxford Medical Simulation secures £5M growth financing

The London-based healthtech company, which lets clinicians practise emergencies and difficult conversations in virtual reality, will use the capital to deepen its US footprint and accelerate AI-driven [...]

Match Score: 52.47

Destination
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, ann [...]

Match Score: 43.95

thenextweb
A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales.

Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnersh [...]

Match Score: 43.86