The Wall Street Journal reported that Nscale
@nscale secured a $900M revolving credit facility from a consortium of global banks to accelerate data center expansion across Europe, the U.S. and Asia-Pacific.
Nscale is a U.K.-based AI infrastructure startup backed by Nvidia, Dell Technologies and Nokia. It provides GPU capacity for AI training and deployment through its data center network.
AI compute is beginning to look less like a pure software story, and more like long-lived infrastructure — with large upfront capex, physical sites and bank-backed financing.