UK data centre start-up Nscale strikes $14bn Microsoft deal in push for IPO
Nvidia-backed AI cloud group secures huge new contract as chief executive eyes public listing in ‘back end of next year’
Nvidia-backed AI cloud group secures huge new contract as chief executive eyes public listing in ‘back end of next year’

Partnership will support huge build-out of data centres for artificial intelligence

Deal for fledgling data centre provider is among the largest of its kind for a European tech start-up

AI start-up commits to buying $30bn in computing capacity from Microsoft in data centres powered by Nvidia chips

AI start-up turns to three of its biggest suppliers in blockbuster $100bn funding round

Buyer consortium also includes Nvidia and Microsoft and plans to expand Aligned Data Centers to meet computing demand

Software group pulls Nasdaq lower after reporting 66% year-on-year surge in data centre costs