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Chronicles

The story behind the story

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UK data center developer Nscale raised a $2B Series C led by Aker and 8090 Industries at a $14.6B valuation and adds Sheryl Sandberg and Nick Clegg to its board

Nscale, a UK developer for artificial intelligence data centers, has raised $2 billion in funding and added a trio …

Bloomberg Mark Bergen

Discussion

  • @nickclegg Nick Clegg on x
    I'm thrilled to be joining the @nscale_cloud Board. Read more: https://www.nscale.com/... [image]
  • @sebjohnsonuk Seb Johnson on x
    Two weeks ago Europe raised its largest seed ever. Today it has raised its largest Series C. Nscale has become the continent's newest Decacorn after raising $2bn at $14.6 billion valuation. The U.K. based AI infrastructure hyperscaler has been flying recently The company is
  • @nscale_cloud @nscale_cloud on x
    Nscale has raised the largest Series C round in Europe at $2 billion, led by Aker ASA and 8090 Industries. This round values Nscale at $14.6 billion. This investment fuels our global expansion, accelerates regional capacity, expands our engineering and operations teams, and [vide…
  • @peterkyle Peter Kyle on x
    Congratulations @nscale_cloud! Britain has no shortage of ambitious companies ready to scale and Nscale's historic raise shows the strength of the UK's AI ecosystem and the confidence global investors have in it.
  • @kanishkanarayan Kanishka Narayan MP on x
    $2bn record Series C for UK HQ @nscale_cloud - congratulations to Josh and team on exceptional execution. Built in Britain, building for the world 🇬🇧
  • @darlingtondev Mike Darlington on x
    @UKSovereignAI The timing alongside Nscale's $2B raise is no coincidence. The UK is making a coordinated play for AI infrastructure sovereignty, private capital building the compute layer, public capital funding the companies that run on it. https://x.com/...
  • @uksovereignai @uksovereignai on x
    Introducing Sovereign AI, the Government's new £500m venture fund. Sovereign AI will support founders from day one to start here, scale here and win everywhere. https://sovereignai.gov.uk/
  • @stefanroberts Stefan Roberts on x
    This is huge for the UK btw
  • @_iainmartin Iain Martin on x
    New ranking of Europe's most valuable startups... Revolut. $75bn Nscale. $14.6bn Helsing. $13.8bn Celonis. $13 billion Mistral. $12.4bn
  • @andrewhart Andrew Hart on x
    The UK gov just said they're investing £500m in AI startups. And they launched a 🔥 new website which celebrates british innovation, from the first algorithm to AlphaFold. [image]
  • r/unitedkingdom r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’
  • r/ukpolitics r on reddit
    Revealed: UK's multibillion AI drive is built on ‘phantom investments’
  • @michaeldell Michael Dell on x
    Congratulations Josh Payne! The team you've built at @nscale_cloud is exceptional, and this milestone reflects it. @DellTech is proud to be a partner and investor in what comes next. 🤝🚀