The new revolving credit facility adds to nearly $4 billion in financing as the U.K. AI infrastructure company scales GPU-heavy sites across Europe, North America and Asia.
Nscale has secured a $900 million revolving credit facility, adding to nearly $4 billion in total financing as the U.K.-based AI infrastructure company expands GPU-packed data centers across Europe, North America and Asia. The company, which spun out of Bitcoin mining specialist Arkon Energy, has repositioned expertise in high-density computing and low-cost renewable power for the AI infrastructure boom. Earlier fundraising included a $1.1 billion Series B round in early 2025 and a $2 billion Series C in March 2026 that valued Nscale at $14.6 billion and included Nvidia, Aker ASA and Dell among backers. Earlier 2025 reports said Nscale was targeting about $900 million as part of a broader $2.7 billion financing package that also included a $1.4 billion GPU-backed term loan and a $790 million facility for its Norwegian operations. Nscale says it does not manage or issue cryptocurrency or tokens, instead operating as an AI cloud and GPU provider.