Nscale buys AI infrastructure optimization startup Anyscale for reported $1.65B
Data center builder Nscale Global Holdings Ltd. today announced plans to acquire Anyscale Inc., a venture-backed provider of artificial intelligence software.
The terms of the deal were not disclosed. Bloomberg cited a source as saying that Nscale is paying $1.65 billion. In March, the company raised $2 billion from a consortium that included Nvidia Corp. and other major tech firms.
London-based Nscale is building a network of AI data centers that will span a half-dozen countries. Its flagship development is a 2,250-acre campus in Mason County, West Virginia that features its own miniature power grid. The company estimates that the site can theoretically host more than eight gigawatts worth of computing capacity.
Anyscale, the startup that Nscale has agreed to buy, was launched in 2019 by a group of computer scientists. It commercializes an open-source project called Ray that was created by its founding team. The software is used to optimize large-scale AI clusters.
