Nvidia-backed Nscale Raises $1.1B To Expand AI Data Centers Across Europe

Benzinga

London-based Nscale raised $1.1B to expand AI data centers in Europe, with backing from Nvidia, Nokia, and Dell. The firm is partnering on major U.K. and Norway projects, including deploying 100,000 GPUs by 2027.

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00:00It's Benzinga bringing Wall Street to Main Street.

00:02N-Scale, a London-based AI infrastructure firm, raised $1.1 billion in a Series B round led by

00:08Acre with backing from NVIDIA, Nokia, and Dell, according to CNBC. Funding will accelerate the

00:13run of AI data centers across Europe, including OpenAI's Stargate projects in the UK and Norway.

00:18N-Scale has emerged as a key partner in Britain's AI ambitions, securing multi-billion dollar

00:22projects with Microsoft, NVIDIA, and OpenAI to expand UK infrastructure. N-Scale is investing

00:28$1 billion in its Norwegian project to deploy 100,000 NVIDIA GPUs by 2027. Plans to install

00:348,000 GPUs in the UK next year, with potential expansion to 31,000.

00:39For all things money, visit Benzinga.com.

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