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 founded Nscale, the company was barely a year old, and the world’s appetite for GPU compute had not yet tipped […]<br /> This story continues at The Next Web [...]
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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 [...]
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 [...]
Lovable is reportedly in talks to raise $300M at a $13.2bn valuation
Lovable, the Swedish vibe-coding startup, is in talks to raise $300m at a $13.2bn post-money valuation, Sifted reports, citing two people familiar with the deal. The figure would roughly double the $ [...]
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 [...]
Quantum Systems raises $1.2bn and doubles its valuation to $8bn as defence money floods in
Europe has a new defence-tech heavyweight. Quantum Systems, a German maker of autonomous drones, has raised $1.2bn and more than doubled its valuation to about $8bn. It is one of the largest rounds ev [...]
