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Author: Daniel snow
AI Infrastructure Startup Nscale Raises $2 Billion at $14.6 Billion Valuation with Nvidia Support
AI infrastructure startup Nscale has secured $2 billion in new funding, pushing its valuation to $14.6 billion as global demand for artificial intelligence infrastructure continues to accelerate. The funding came through a Series C round led by Norwegian investment company Aker ASA and venture firm 8090 Industries. Major participants included Nvidia, Astra Capital Management, Citadel, Dell Technologies, Jane Street, Lenovo, Linden Advisors, Nokia, and Point72. Founded in 2024 and headquartered in the United Kingdom, Nscale focuses on building large-scale AI infrastructure. Its services include high-performance data centers, cloud-based access to AI compute, and integrated networking and software tools designed for…
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BofA upgrades EUR/NOK view on positioning and rate outlook Source link
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BofA says the drivers of the U.S. dollar’s recent strength matter. Here’s why. Source link