Nscale secures $3.36 billion in convertible financing ahead of US IPOMachine translation
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British AI cloud provider Nscale announced $3.36 billion in financing, with $2.36 billion available immediately and another $1 billion from existing investor Nvidia due in mid-November. The notes will convert into equity after the IPO; Nscale is developing large data center campuses in Norway and West Virginia, among other locations.
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