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AI factory builder Nscale announces another $2bn of funding

Pelican Press

By Pelican Press,
in World News

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Nscale, an artificial intelligence (AI) factory builder and key plank in the *** government’s AI growth strategy, has announced $2bn of C-series funding. The announcement takes funding for the datacentre builder to just over $4.9bn in just over a year. The funding round is based on a valuation for Nscale of $14.6bn. Much of that is based on Nscale’s datacentre development pipeline of more than…

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