Nscale Lands $1.1B Boost for European AI Data Centers

• UK-based Nscale raised $1.1 billion in Series B funding led by Aker and supported by Nvidia, Dell, and Nokia.
• The investment will advance AI data center projects critical to OpenAI's Stargate initiative.

On September 25, 2025, UK-based AI infrastructure company Nscale announced a $1.1 billion Series B funding round, marking one of the largest investments in AI-focused data centers in Europe. Led by Norwegian investment firm Aker and featuring key contributions from Nvidia, Dell, and Nokia, the funding underscores growing industry confidence in scalable solutions for AI’s computational demands. This partnership with Nvidia highlights the pivotal role of cutting-edge GPUs in driving advancements across next-generation AI systems.

Nscale will channel the funds into developing state-of-the-art data centers in the UK and Norway, integral to OpenAI’s ambitious Stargate project. Designed to support future artificial intelligence frameworks, the initiative aims to set benchmarks for AI-driven infrastructure. The Norway facility intends to house 100,000 Nvidia GPUs by 2027, solidifying its status as a global leader in handling AI workloads, while the UK site launches operations with 8,000 GPUs and plans for immediate capacity expansion. These projects reflect the strategic importance of infrastructure in sustaining rapid AI innovation.

In parallel, Morgan Stanley has projected substantial economic benefits from AI integration across various industries. For instance, U.S. retailers could save up to $6 billion annually by leveraging AI for inventory optimization, streamlined supply chains, and enhanced customer service tools. Furthermore, these advances could elevate profit margins by up to 20% by 2026, according to the investment bank's analysis. Together, such impacts demonstrate how investments in AI infrastructure like Nscale’s initiatives pave the way for transformative changes throughout the global economy.