Recent events
Recent events tied to this brand in public sources.
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2026
NVIDIA discusses credit support for Nscale data center
NVIDIA is reportedly discussing providing a credit guarantee for costs associated with an Nscale data center campus in West Virginia intended for Anthropic's use.
2026
Microsoft withdraws from UK data center deal with Nscale
Reuters reported that Microsoft pulled out of a UK data center deal with Nscale, citing the Telegraph.
2026
Microsoft ends involvement in the Loughton data centre project
Microsoft terminated its involvement in the planned Loughton AI data centre project, where it had said it would fund a supercomputer. Nscale said it remained committed to the project and was exploring alternative power sources.
2026
Engineer files wrongful dismissal lawsuit naming Nscale and CloudBrothers
A former data center engineer filed a lawsuit in Norway naming Nscale and staffing subcontractor CloudBrothers as defendants. The engineer alleges that Nscale acted as his de facto employer and that his dismissal was retaliation for raising concerns about employment practices; CloudBrothers said the dismissal was prompted by repeated confidentiality breaches. The allegations have not been determined by a court in the supplied report.
2026
Nscale secures $3.36 billion in convertible note financing ahead of planned US IPO
Nscale, a British AI neocloud, announced on Friday that it has secured $3.36 billion in convertible note financing ahead of its planned IPO later this year. The round was led by hedge fund Third Point and includes $2.36 billion available immediately plus an additional $1 billion from existing investor Nvidia that Nscale will receive in mid-November; the notes will convert into equity shares once the IPO is completed.