AdvertisementNscale, a London-based startup providing companies with access to data centers and clusters of AI chips, has raised $155 million in fresh funding. The startup, which came out of stealth in May 2024, bills itself as a fully integrated AI infrastructure platform. That includes data centers, software, and graphics processing units, Nscale's founder and CEO Joshua Payne told Business Insider in an interview. "We found the best way to do that was to vertically integrate it, building both data centers, GPUs, and software." BI got an exclusive look at the 9-slide memo the startup used to secure fresh funding.

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Persons: Nscale, Joshua Payne, Payne Organizations: BI, Lambda Labs, Partners, Bluesky Asset Management, Florence Capital Locations: London, Nscale, Europe