Nscale Secures $900 Million Credit Facility for Global AI Data Center Expansion
Nscale has closed a $900 million revolving credit facility to support the expansion of its AI data center operations across the United States, Europe, and the Asia-Pacific region, announced in a press release.
The facility provides flexible liquidity for the company's capital deployment and was syndicated by a group of major financial institutions including J.P. Morgan, Goldman Sachs, Morgan Stanley, MUFG, RBC Capital Markets, Bank of America, Crédit Agricole CIB, Deutsche Bank, Mizuho, SMBC, TD Securities, and KeyBank N.A.
Nscale serves as a full stack AI cloud platform, integrating software, compute, and power infrastructure. The company said the financing will enable faster build-out of infrastructure to support enterprises and technology firms training and deploying large scale AI systems.
We hope you enjoyed this article.
Consider subscribing to one of our newsletters like AI Funding Brief, Silicon Brief or Daily AI Brief.
Also, consider following us on social media:
More from: Funding
More from: Data Centers
Subscribe to AI Funding Brief
Whitepaper
Stanford HAI’s 2025 AI Index Reveals Record Growth in AI Capabilities, Investment, and Regulation
The 2025 AI Index by Stanford HAI provides a comprehensive overview of the global state of artificial intelligence, highlighting significant advancements in AI capabilities, investment, and regulation. The report details improvements in AI performance, increased adoption in various sectors, and the growing global optimism towards AI, despite ongoing challenges in reasoning and trust. It serves as a critical resource for policymakers, researchers, and industry leaders to understand AI's rapid evolution and its implications.
Read more