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Nscale closes approximately $3 billion in financing to enhance AI capabilities across its Ward County, Texas and Madison County, North Carolina campuses.
Nscale has announced the closing of approximately $3 billion in financing through two senior secured delayed draw term loan facilities. The loan will fund the deployment of GPU infrastructure and associated networking across its facilities. J.P. Morgan and Goldman Sachs acted as joint lead arrangers
Company Information
Company
Nscale
Location
London, England, United Kingdom
About
Nscale is a fully vertically integrated AI GPU Cloud provider delivering compute to the generative AI market at scale. It leverages its 60MW renewable energy-powered data centre in Norway and a pipeline of over 500MW of greenfield data centres in the US to enable customers to run efficient and scalable AI training, fine-tuning, and compute-intensive workloads, supporting advanced AI research and development. Nscale provides the AI infrastructure backbone to the generative AI market.
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