Nvidia (NVDA) and Dell (DELL) participated in a $2 billion series C funding round for Nscale that valued the UK-based artificial intelligence infrastructure hyperscaler at $14.6 billion, Nscale said Monday.
Aker ASA and 8090 Industries led the round, which was supported by investors including Astra Capital Management, Citadel, Jane Street, Lenovo, and Nokia (NOK).
Nscale said it will use the proceeds for growth and other initiatives.
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