Nscale Secures $3 Billion for AI Campuses in Texas and North Carolina

September 01, 2026
Nscale closed about $3 billion in loan commitments to fund GPU infrastructure and related equipment at AI campuses in Ward County, Texas, and Madison County, North Carolina.
Nscale Secures $3 Billion for AI Campuses in Texas and North Carolina

Nscale has closed approximately $3 billion in commitments across two senior secured delayed draw term loan facilities for AI deployments in Texas and North Carolina, the company said in a press release.

The facilities include up to $1.85 billion for the Ward County, Texas campus and up to $1.2 billion for the Madison County, North Carolina site. Both loan facilities received investment grade ratings with stable outlooks.

Nscale said the funds will mainly support GPU infrastructure, networking, storage, and liquid cooling equipment. The Ward County facility will fund NVIDIA GB300 (Blackwell Ultra) and VR200 (Vera Rubin) systems supporting about 275 MW of IT load.

The Madison County site is a 96 acre colocation facility with up to 40 MW of capacity. Its loan facility will fund site retrofit capital expenses, GPU infrastructure, and networking for AI compute deployments.

J.P. Morgan and Goldman Sachs served as joint lead arrangers, joint bookrunners, and co structuring agents for both facilities.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like Enterprise AI Brief, AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

Enterprise AI AI Funding News AI Brief AI Brief (X)

More from: Enterprise

09/05
ASUS Expands AI Infrastructure From Cloud to Edge
09/05
Haier Shows AI Smart Home Ecosystem at IFA 2026
09/05
Harvey and Everlaw Connect Legal AI With Discovery Evidence
09/04
Ramp Adds Finance Platform to AWS Marketplace
09/04
LiveU Joins IBC Project to Develop Newsroom Context Standard

More from: Funding

09/05
BUUU Group Agrees to Acquire 60% of Brightray Science
09/05
CollPlant Acquires LightSolver and Enters Photonic Computing
09/04
Guardio Raises $40 Million at $1.1 Billion Valuation
09/03
Flex to Acquire EPC Power for $4.4 Billion
09/03
NVIDIA Agrees to Acquire Hugging Face for $12.93 Billion

Subscribe to Enterprise AI Brief

Weekly report on AI business applications, enterprise software releases, automation tools, and industry implementations.

AI Token Webinar

Market report

2025 Generative AI in Professional Services Report

Thomson Reuters

This report by Thomson Reuters explores the integration and impact of generative AI technologies, such as ChatGPT and Microsoft Copilot, within the professional services sector. It highlights the growing adoption of GenAI tools across industries like legal, tax, accounting, and government, and discusses the challenges and opportunities these technologies present. The report also examines professionals' perceptions of GenAI and the need for strategic integration to maximize its value.

Read more

You May Also Like