Nscale signs £1bn loan to build more AI data centres

Nscale, a UK hyperscaler focused on AI, has signed a £1 billion delayed draw term loan backed by GPUs.  The raise follows the recent announcement of Nscale’s $1.1bn Series B equity raise – the largest Series B ever in European history, and the announcement of Nscale’s $433m pre-Series C round. ‍The GPU DDTL was led … Continue reading Nscale signs £1bn loan to build more AI data centres