This article first appeared on GuruFocus .
AI infrastructure startup Nscale has landed a massive $2 billion funding round , highlighting just how much money is pouring into the global race to build the backbone of artificial intelligence.
The U.K.-based companysaid its Series C raise values the business at about $14.6 billion. The round was led by Aker ASA and 8090 Industries, with backing from a long list of investors including Nvidia ( NASDAQ:NVDA ), Dell ( NYSE:DELL ), Nokia ( NYSE:NOK ), Citadel, Lenovo, Jane Street, Point72, Astra Capital Management, and Linden Advisors.
Nscale positions itself as an AI infrastructure hyperscaler, meaning it builds the large-scale computing systems companies need to run modern AI modelsfrom GPU compute and networking to data services and orchestration software.
The new funding will help accelerate Nscale's global expansion, with projects planned across Europe, North America, and Asiaas demand for AI compute continues to surge.
