<
AI
Automation
Science
Innovation
Open Source
Blockchain
Social Media
Startups
Culture
Cloud
>

thenextweb
Nscale secures $790m financing for Narvik AI data centre

Nscale, the vertically integrated AI-infrastructure company, has secured an additional $790m of debt financing to continue building out its AI data centre in Narvik, northern Norway, the company said on Monday. The committed facility was provided by ABN AMRO, DNB, Eksfin (Export Finance Norway) and Nordea, with Skandinaviska Enskilda Banken (SEB) acting as Mandated Lead […]<br /> This story continues at The Next Web [...]

Discover Copy
Rating

Innovation

Pricing

Technology

Usability

We have discovered similar tools to what you are looking for. Check out our suggestions for similar AI tools.

thenextweb
BT, Nscale, and Nvidia announce UK sovereign AI partnership

Nscale will construct the data centres at existing BT infrastructure sites; BT will provide connectivity. Both companies are founding members of the new UK Sovereign AI Industry Forum. The deal deepen [...]

Match Score: 84.41

thenextweb
Nscale raises $2bn Series C at $14.6bn valuation

The UK hyperscaler has now raised over $4.5bn across equity rounds in less than six months, and says it is the largest Series C ever closed in Europe. That claim deserves scrutiny. When Josh Payne fou [...]

Match Score: 60.05

thenextweb
Nscale signs 1.35GW Microsoft LOI for a West Virginia AI campus built around NVIDIA&#8217;s Vera Rubin GPUs

Announced at GTC 2026, the deal covers around 430,000 next-generation NVIDIA GPUs, is backed by a Caterpillar natural gas power deal, and is built on a site described as the US’s first state-certifi [...]

Match Score: 60.05

thenextweb
Oxford Medical Simulation secures £5M growth financing

The London-based healthtech company, which lets clinicians practise emergencies and difficult conversations in virtual reality, will use the capital to deepen its US footprint and accelerate AI-driven [...]

Match Score: 58.46

thenextweb
A crypto miner became Europe’s most valuable AI startup in two years. Now it is spending $812 million to prove the model scales.

Two years ago, Nscale was a cryptocurrency mining operation. On Tuesday, the company announced €695 million ($812 million) in new infrastructure investment in Portugal, an expansion of its partnersh [...]

Match Score: 48.04

Destination
OpenAI secures another $110 billion in funding from Amazon, NVIDIA and SoftBank

OpenAI just announced a massive funding round of $110 billion, which is one of the biggest investment rounds in Silicon Valley history. The investors feature many of the usual suspects, including Amaz [...]

Match Score: 47.94

thenextweb
Oracle needed the world’s biggest bond fund to finance the world’s biggest data centre

In short: Oracle closed a $16.3 billion financing for a single data centre campus in Saline Township, Michigan, the largest single-facility technology debt package ever assembled. PIMCO anchored rough [...]

Match Score: 47.92

thenextweb
Meta is raising $13bn for one Texas data centre, a new ceiling for single-site AI financings

The financing scaffolding around AI infrastructure keeps growing. Bloomberg reported on Sunday that Meta Platforms is working with Morgan Stanley and JPMorgan Chase on a financing package of roughly $ [...]

Match Score: 43.73

qz
Microsoft is taking over OpenAI's planned Norway Stargate data center

OpenAI failed to close an offtake deal with Nscale for half of a 230 MW facility in Narvik, and Microsoft stepped in to take the capacity [...]

Match Score: 41.82