Nscale announced its $2 billion in Series C funding, led by Aker ASA and 8090 Industries. This round values Nscale at $14.6 billion. The funding round was supported by Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72. This new raise will further accelerate Nscale’s global development of vertically integrated AI infrastructure – from GPU compute and networking to data services and orchestration software – across Europe, North America, and Asia.
AI is reshaping industries, economies and national strategies, and accelerated computing platforms are the engine driving that shift. The constraint on market scaling is not demand, but the ability to deploy capacity and run it reliably in production. Nscale is purpose-built to accelerate AI deployments. This capital deepens Nscale’s infrastructure footprint, expands its engineering and operations teams, and strengthens the platform, enabling Nscale to continue to deliver real, production-grade AI deployments at massive scale.
“This is the fourth industrial revolution; the world is changing at a rapid pace. Over the next 5 years, Artificial Intelligence will be integrated into every industry, every product, and every job. Accelerating drug discovery, extending human life, autonomizing travel and robotics, lifting productivity, and driving massive growth. This is leading to the largest infrastructure buildout in human history,” said Josh Payne, CEO and Founder of Nscale. “Nscale is leading this buildout. We are building this foundation that the market sits on, the engine of superintelligence.”
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Strengthening Nscale’s Board
Nscale also today welcomes three new Directors. Sheryl Sandberg, Susan Decker, and Nick Clegg will join the Nscale Board, bringing substantial global depth across technology, policy, operations, and governance to an already world-class collection of business leaders.
Sheryl Sandberg — Sandberg is currently the co-founder of Sandberg Bernthal Venture Partners, which deploys private capital to fund innovation across consumer, enterprise, climate and healthcare technology. As former Chief Operating Officer of Meta and an early executive at Google, Sandberg brings unmatched experience in scaling the world’s most influential technology companies, as well as deep expertise in operations, growth strategy, and building global organizations.
Susan Decker — Decker is the CEO and co-founder of Raftr, a Community Experience platform for universities. She is a former President of Yahoo, Inc. and is currently a Board member at Costco Wholesale Corporation, Berkshire Hathaway, Vail Resorts, Chime, Vox Media, and Automattic. Decker brings sharp financial acumen, governance expertise, and strategic leadership developed across decades at the forefront of global media and technology companies.
Nick Clegg — A current General Partner at Hiro Capital, Clegg focuses on fostering the growth of leading spatial computing technologies within Europe. He is both a former UK Deputy Prime Minister and former President, Global Affairs at Meta. Prior to being elected to the UK Parliament in 2005, Clegg served five years in the European Parliament. Clegg brings deep expertise at the intersection of technology, policy, and global affairs and has most recently been at the center of the most consequential regulatory and governance conversations shaping the future of AI.
Sandberg, Decker, and Clegg join Nscale’s existing Board of Directors, which includes Josh Payne, Rael Nurick, Jacob Leschly, and Øyvind Eriksen.
SOURCE: Nscale