AI data center builder Nscale raises $3.36B ahead of IPO

T2Covered by 1 source · first reported by SiliconANGLE at 26 Sept, 00:37 UTC

Nscale Ltd. today announced that it has secured $3.36 billion in funding to support its data center construction push. The capital will arrive in two tranches. Nscale expects to receive $2.26 billion in the near future from a consortium that includes Third Point, Apollo, Citadel and more than a…