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Hold onto your hats, because history just got made! In a monumental move that underscores the explosive growth of Artificial Intelligence, UK-based AI infrastructure hyperscaler Nscale has announced a staggering $2 billion in Series C funding! This isn’t just a big number; it’s the largest Series C round in European history, catapulting Nscale’s valuation to an impressive $14.6 billion.
Led by industry giants Aker ASA and 8090 Industries, this colossal funding round also saw participation from a who’s-who of strategic investors including Astra Capital Management, Citadel, Dell, Jane Street, Lenovo, Linden Advisors, Nokia, NVIDIA, and Point72. The message is clear: the world is betting big on Nscale.
Fueling the AI Revolution: What This Means
So, what will Nscale do with this record-breaking capital? The answer is simple yet profound: accelerate the global development of vertically integrated AI infrastructure. This means everything from cutting-edge GPU compute and networking to robust data services and advanced orchestration software – all spanning across Europe, North America, and Asia.
As Nscale’s CEO and Founder, Josh Payne, eloquently puts it, “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… This is leading to the largest infrastructure buildout in human history. Nscale is leading this buildout. We are building this foundation that the market sits on, the engine of superintelligence.”
Indeed, AI is rapidly reshaping our world, but the biggest hurdle isn’t demand; it’s the ability to deploy and run AI capacity reliably at scale. Nscale is purpose-built to solve this challenge, deepening its infrastructure footprint, expanding its engineering and operations teams, and strengthening its platform to deliver production-grade AI deployments at massive scale.
A Powerhouse Board: Welcoming New Visionaries
As Nscale scales new heights, it’s also strengthening its leadership. We’re thrilled to welcome three exceptional new Directors to the Nscale Board, bringing unparalleled global depth across technology, policy, operations, and governance:
- Sheryl Sandberg: Co-founder of Sandberg Bernthal Venture Partners and former COO of Meta. Sheryl brings unmatched experience in scaling global tech giants and deep expertise in operations and growth strategy.
- Susan Decker: CEO and co-founder of Raftr and former President of Yahoo, Inc. Susan offers sharp financial acumen, governance expertise, and strategic leadership from decades at the forefront of global media and technology.
- Nick Clegg: General Partner at Hiro Capital, former UK Deputy Prime Minister, and former President, Global Affairs at Meta. Nick provides deep expertise at the intersection of technology, policy, and global affairs, particularly around the most consequential regulatory conversations shaping AI’s future.
These esteemed individuals join an already world-class Board, further solidifying Nscale’s strategic direction.
Streamlining for Success: The Aker Integration
In another strategic move, Nscale has reached an agreement with Aker ASA to fully integrate the Aker Nscale joint venture, initially announced in July 2025, into Nscale. This consolidation streamlines delivery and governance under a single entity, ensuring faster progress and continued commitment to local communities where Nscale operates, including pledges for waste heat reuse and local skills development.
Øyvind Eriksen, President and CEO of Aker ASA, affirmed, “This step strengthens execution by putting delivery and governance under one roof, while keeping continuity for the people and projects already underway. We have full confidence in Nscale’s ability to deliver responsibly in Norway over the long term, and we believe this positions the work for faster progress and durable value creation.”
The Future is Now
“We are living through a new era defined by AI, and the limiting factor is infrastructure,” notes Rayyan Islam, Co-founder and General Partner of 8090 Industries. “Nscale has built a platform uniquely capable of solving this challenge by vertically integrating the critical layers of AI infrastructure.”
Nscale isn’t just building data centers; it’s building the foundational backbone for the global AI economy. This historic Series C funding round is a powerful testament to their vision and ability to deliver the compute foundation for enterprise AI training, fine-tuning, and inference at scale. The future of AI is here, and Nscale is leading the charge.
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