Tag: Nscale
5 articles tagged Nscale
UK AI startup Nscale faces backlash over data centre energy demands
Local council officers in Essex have objected to Nscale's planned AI data centre, warning its energy demands could strain the local grid and increase costs for residents.
Nscale raises £1.5bn as Sheryl Sandberg and Nick Clegg join board
British AI data centre firm Nscale raises £1.5bn ($2bn) in new funding, appoints former Meta executives to its board, and sees valuation soar to £11bn ($14.6bn).
UK's multibillion AI drive built on 'phantom investments'
Guardian investigation finds major AI investment claims by Nscale and CoreWeave lack substance, with no contracts signed and a promised supercomputer site still a scaffolding yard.
UK AI firm Nscale raises £1.6 billion in Nvidia-backed funding round
British AI infrastructure company Nscale valued at £11.7 billion after $2 billion Series C round led by Norway's Aker and 8090 Industries.
