Nscale raises $2bn as investor fervour for AI defies pressures facing sector
Deal for fledgling data centre provider is among the largest of its kind for a European tech start-up
Deal for fledgling data centre provider is among the largest of its kind for a European tech start-up

Nvidia-backed AI cloud group secures huge new contract as chief executive eyes public listing in ‘back end of next year’

The deal values the data-labelling company at $29bn

Interest in AI and defence tech start-ups has boosted investor activity after a prolonged slowdown

With the data centre race in full swing, private capital is joining Big Tech in seeking to capture the rewards

The biggest groups splashing their cash may not make their money back, but will almost certainly live to tell the tale

Start-up behind Claude tool is fielding inbound investment offers that could lead to it surpassing rival OpenAI in value