At a Glance · AI-generated

Nvidia backed UK-based AI data center startup Nscale in a funding round that valued the company at $14.6 billion, the company announced March 9. Nscale's Series B round included participation from Air Street Capital and followed Nvidia's broader $4 billion commitment in early March to invest in companies scaling AI infrastructure. Former Meta executive Sheryl Sandberg and ex-UK Deputy Prime Minister Nick Clegg joined Nscale's board as part of the financing.