Nscale secures $3.36 billion in convertible loan note financing

  • Nscale completed $3.36 billion financing through convertible loan notes.
  • Third Point led the round, with $2.36 billion funded at closing.
  • Nscale reported more than $103 billion in total contract value.

Nscale has completed $3.36 billion in financing through convertible loan notes, with Third Point leading the round. The company said $2.36 billion was funded at closing, while Nvidia committed an additional $1 billion to be provided in mid-November. Nscale also said it has more than $103 billion in total contract value.

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