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Nvidia Invests £500m in UK-Based Nscale, a 16-Month-Old Crypto Mining Spinout
ByAinvest
Wednesday, Sep 17, 2025 3:56 pm ET1min read
Nvidia is investing £500 million in Nscale, a 16-month-old British data center company spun out of a crypto miner. Nscale will be part of an AI infrastructure buildout valued at £11 billion and has partnered with OpenAI and Microsoft. The company is part of a new generation of "neocloud" firms specializing in AI and data-intensive workloads. Nscale will need to secure GPUs, land for facilities, and electricity to power its centers.
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