Nscale

Nscale is a UK-based AI datacentre company that is considered vital to the UK government's AI ambitions. The company is backed by US tech firm Nvidia. Nscale is newsworthy due to a recent $2 billion funding round, which brings its valuation to $14.6 billion. This funding round follows a previous $1.1 billion round last September. Further highlighting its significance, former Meta executives Sheryl Sandberg and Nick Clegg have been appointed to Nscale's board of directors. This news comes at a time when the UK government is facing scrutiny for not yet trialing OpenAI technology, despite having signed a memorandum of understanding with the company months ago. Nscale's growth and high-profile appointments underscore the increasing importance of AI infrastructure and the UK's role in the global AI landscape.