London-based artificial intelligence infrastructure startup Nscale reportedly aims to raise $2.7 billion to build data centers around the globe that use Nvidia chips and rent the centers to companies that are training and operating AI models.
Nscale is working to raise a $1.8 billion private credit deal and $900 million in preferred equity and convertible shares, Bloomberg reported Monday (April 28), citing an offering document.
An Nscale spokesperson said in the report: “We…
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