ReferIndia News Nscale raises $1.1 billion from Aker, other investors for AI buildout

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Nscale raises $1.1 billion from Aker, other investors for AI buildout

Published on: Sept. 25, 2025, 1:59 p.m. | Source: The Economic Times

Nscale, a British AI firm, has secured $1.1 billion in Series B funding from investors like Aker ASA and Nokia to expand its data center infrastructure. Aker led the round with a $285 million investment, acquiring a 9.3% stake, potentially increasing to 12.2%.

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