Amid growing demand for data centers capable of delivering AI compute at scale, Nvidia-backed British AI infrastructure company Nscale has hit a valuation of $14.6 billion, making it one of Europe’s latest decacorns alongside Helsing and Mistral AI.
Nscale has bet heavily on vertical integration, spanning from energy and data centers to compute and orchestration software. The company recently secured a $2 billion Series C round, described as the largest in European history, which included a $433 million pre-Series C SAFE backed by Blue Owl, Dell, Nvidia, and Nokia.
Nscale CEO Josh Payne told The New York Times that his company might seek an IPO
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