UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific (Mauro Orru/Wall Street Journal)

Techmeme ·

Nscale secured $900 million in credit to expand AI data center capacity across Europe, the US, and Asia Pacific.

Categories: Money & Moves

Excerpt

<a href="https://www.wsj.com/tech/ai/nvidia-backed-startup-nscale-locks-in-900-million-for-data-center-buildout-fd9820b3?st=TaoTjS&amp;reflink=desktopwebshare_permalink"><img align="RIGHT" border="0" hspace="4" src="http://www.techmeme.com/260707/i7.jpg" vspace="4" /></a> <p><a href="https://www.techmeme.com/260707/p7#a260707p7" title="Techmeme permalink"><img height="12" src="http://www.techmeme.com/img/pml.png" style="border: none; padding: 0; margin: 0;" width="11" /></a> Mauro Orru / <a href="https://www.wsj.com/">Wall Street Journal</a>:<br /> <span style="font-size: 1.3em;"><b><a href="https://www.wsj.com/tech/ai/nvidia-backed-startup-nscale-locks-in-900-million-for-data-center-buildout-fd9820b3?st=TaoTjS&amp;reflink=desktopwebshare_permalink">UK-based AI infrastructure startup Nscale secures a $900M line of credit to expand its data center buildout across Europe, the US, and the Asia Pacific</a></b></span>&nbsp; &mdash;&nbsp; Nscale raised $2 billion earlier this year as investors continue to see promise in AI&nbsp; &mdash;&nbsp; Nscale Global Holdings said it had secured &hellip; </p>

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