UK-based Nscale closed a $2 billion Series C today, the largest funding round ever completed by a European startup, according to the company. Norwegian industrial group Aker ASA and Dallas-based 8090 Industries led the round, which values the two-year-old data center operator at $14.6 billion. Nvidia, Dell, Citadel, Jane Street, Lenovo, Nokia, and Point72 also invested, with Goldman Sachs and J.P. Morgan running the placement.
This article continues below.
Sign up once, read everything for free. No algorithms, no fluff—just the AI intel that actually matters for your work.
Get free access →