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BUSINESSTechCrunch·1d ago

Ahead of US IPO, British AI neocloud Nscale secures $3.36B in convertible financing

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British AI company Nscale has secured $3.36 billion in convertible financing from investors including Nvidia and Third Point. The funding will support the company's expansion of AI data centers ahead of a planned US IPO.

The funding, which comes from Third Point, Nvidia, and others, will fuel the company's massive AI data center buildout.

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