London: British artificial intelligence infrastructure company Nscale has raised 2 billion dollars in a new funding round, strengthening its position as one of Europe’s fastest growing AI infrastructure providers.
The company, which is backed by Nvidia, said the investment values Nscale at about 14.6 billion dollars. The large funding round reflects growing global demand for computing power to support advanced artificial intelligence systems.
Several major global investors took part in the funding round, including Aker ASA, Astra Capital, Citadel, Dell Technologies, Lenovo, Nokia, Jane Street, Point72 and 8090 Industries.
Nscale focuses on providing large scale computing infrastructure designed specifically for artificial intelligence. The company operates AI focused cloud systems and data centers that use powerful graphics processing units to train and run complex AI models.
Businesses developing artificial intelligence tools require massive computing capacity, and companies like Nscale are emerging to supply the specialised infrastructure needed for these systems.
The firm has expanded rapidly since its launch in 2024. In September 2025 it raised 1.1 billion dollars in another funding round to build more AI infrastructure. With the latest investment, the company has now secured more than 4.5 billion dollars in funding within a short period.
Nscale is also working on large scale AI projects with major technology partners. One of its major agreements includes supplying around 200000 Nvidia AI chips to support Microsoft data centers in Europe and the United States.
The company is also developing large AI data center projects in Europe, including plans for major facilities in Norway.
Industry analysts say the rapid growth of generative artificial intelligence and large language models has sharply increased the demand for powerful computing infrastructure. This has led investors to pour billions of dollars into companies building AI focused data centers and cloud systems.
Reports earlier this year also suggested that Nscale has hired global investment banks to explore the possibility of a public listing in the future as it continues to expand its AI infrastructure business.