Image: FortuneNscale has raised billions to power Europe’s AI ambitions. Now the startup must prove the hype can survive reality
• Nscale, a crypto-mining spinout from Arkon Energy, has emerged as a leading provider of AI data center infrastructure in Europe. • The company has raised nearly $4 billion from major industry players, including Nvidia, Dell, and Nokia, recently closing a $2 billion Series C round. • This funding has propelled Nscale to a $14.6 billion valuation, marking one of the largest Series C rounds for any European company.
fortune.com





